For saleSingle family

$830,000

2398 Hunter Dr

Chanhassen MN 55317

4 beds, 3 baths, 3,838 sqft

2398 Hunter Dr is a 4 beds, 3 baths, 3,838 sqft single family home for sale at $830,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $3,250/mo and returns -$2,675/mo a month at a 2.8% 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
$3,250/mo
Monthly cash flow
-$2,675/mo
Cap rate
2.8%
Cash-on-cash
-19.3%
Max offer
$386,500

Offer ≤ $386,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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