For saleSingle family
$549,000
4986 Chalet Ct
Red Wing MN 55066
3 beds, 2.5 baths, 2,608 sqft
4986 Chalet Ct is a 3 beds, 2.5 baths, 2,608 sqft single family home for sale at $549,000 in Red Wing MN 55066. At 20% down it rents for an estimated $2,100/mo and returns -$1,819/mo a month at a 2.7% 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
- $2,100/mo
- Monthly cash flow
- -$1,819/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.9%
- Max offer
- $249,500
Offer ≤ $249,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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