For saleSingle family
$449,800
3019 Bluffs Ln
Mound MN 55364
3 beds, 2.5 baths, 2,294 sqft
3019 Bluffs Ln is a 3 beds, 2.5 baths, 2,294 sqft single family home for sale at $449,800 in Mound MN 55364. At 20% down it rents for an estimated $3,600/mo and returns $389/mo a month at a 7.7% 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
- $3,600/mo
- Monthly cash flow
- $389/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.2%
- Max offer
- $425,000
Offer ≤ $425,000 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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