For saleSingle family
$2,695,000
655 Callahan Pl
Mendota Heights MN 55118
4 beds, 4.5 baths, 4,520 sqft
655 Callahan Pl is a 4 beds, 4.5 baths, 4,520 sqft single family home for sale at $2,695,000 in Mendota Heights MN 55118. At 20% down it rents for an estimated $2,500/mo and returns -$16,739/mo a month at a -0.8% 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
- $2,500/mo
- Monthly cash flow
- -$16,739/mo
- Cap rate
- -0.8%
- Cash-on-cash
- -37.3%
- Max offer
- $303,000
Offer ≤ $303,000 (89% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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