For saleSingle family
$1,995,000
19055 Ridgewood Rd
Deephaven MN 55391
6 beds, 4.5 baths, 6,824 sqft
19055 Ridgewood Rd is a 6 beds, 4.5 baths, 6,824 sqft single family home for sale at $1,995,000 in Deephaven MN 55391. At 20% down it rents for an estimated $4,075/mo and returns -$10,167/mo a month at a 0.6% 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
- $4,075/mo
- Monthly cash flow
- -$10,167/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.6%
- Max offer
- $490,500
Offer ≤ $490,500 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading