For saleSingle family

$679,000

24773 Cove Trl

Nisswa MN 56468

5 beds, 3 baths, 4,176 sqft

24773 Cove Trl is a 5 beds, 3 baths, 4,176 sqft single family home for sale at $679,000 in Nisswa MN 56468. At 20% down it rents for an estimated $2,050/mo and returns -$2,797/mo a month at a 1.7% cap rate.

The deal math

Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.

Estimated rent
$2,050/mo
Monthly cash flow
-$2,797/mo
Cap rate
1.7%
Cash-on-cash
-24.7%
Max offer
$244,500

Offer ≤ $244,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading