For saleSingle family
$725,000
28245 Grandview Dr
Belle Plaine MN 56011
5 beds, 6 baths, 4,227 sqft
28245 Grandview Dr is a 5 beds, 6 baths, 4,227 sqft single family home for sale at $725,000 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,750/mo and returns -$3,426/mo a month at a 1.0% 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
- $1,750/mo
- Monthly cash flow
- -$3,426/mo
- Cap rate
- 1.0%
- Cash-on-cash
- -28.3%
- Max offer
- $209,500
Offer ≤ $209,500 (71% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading