For saleSingle family
$524,900
8924 Heatherton Ridge Dr
Savage MN 55378
5 beds, 4 baths, 3,150 sqft
8924 Heatherton Ridge Dr is a 5 beds, 4 baths, 3,150 sqft single family home for sale at $524,900 in Savage MN 55378. At 20% down it rents for an estimated $3,025/mo and returns -$722/mo a month at a 5.0% 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
- $3,025/mo
- Monthly cash flow
- -$722/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $358,000
Offer ≤ $358,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading