For saleSingle family
$432,700
808 Newell Dr
Apple Valley MN 55124
4 beds, 2 baths, 1,579 sqft
808 Newell Dr is a 4 beds, 2 baths, 1,579 sqft single family home for sale at $432,700 in Apple Valley MN 55124. At 20% down it rents for an estimated $2,850/mo and returns -$239/mo a month at a 6.0% 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
- $2,850/mo
- Monthly cash flow
- -$239/mo
- Cap rate
- 6.0%
- Cash-on-cash
- -3.3%
- Max offer
- $337,000
Offer ≤ $337,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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