For saleSingle family
$449,900
955 Park Dr
Belle Plaine MN 56011
4 beds, 3.5 baths, 2,786 sqft
955 Park Dr is a 4 beds, 3.5 baths, 2,786 sqft single family home for sale at $449,900 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,600/mo and returns -$1,612/mo a month at a 2.4% 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
- $1,600/mo
- Monthly cash flow
- -$1,612/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.5%
- Max offer
- $190,500
Offer ≤ $190,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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