For saleSingle family
$650,000
6385 Peacan Ave N
Stillwater MN 55082
3 beds, 4 baths, 2,022 sqft
6385 Peacan Ave N is a 3 beds, 4 baths, 2,022 sqft single family home for sale at $650,000 in Stillwater MN 55082. At 20% down it rents for an estimated $2,200/mo and returns -$2,440/mo a month at a 2.2% 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
- $2,200/mo
- Monthly cash flow
- -$2,440/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.5%
- Max offer
- $262,000
Offer ≤ $262,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading