For saleSingle family
$5,839,000
1105 Ferndale Rd W
Wayzata MN 55391
3 beds, 3.5 baths, 3,724 sqft
1105 Ferndale Rd W is a 3 beds, 3.5 baths, 3,724 sqft single family home for sale at $5,839,000 in Wayzata MN 55391. At 20% down it rents for an estimated $2,800/mo and returns -$38,883/mo a month at a -1.3% 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
- $2,800/mo
- Monthly cash flow
- -$38,883/mo
- Cap rate
- -1.3%
- Cash-on-cash
- -40.0%
- Max offer
- $339,000
Offer ≤ $339,000 (94% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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