Pending saleSingle family
$580,000
28264 Olinda Trl
Lindstrom MN 55045
4 beds, 2 baths, 2,234 sqft
28264 Olinda Trl is a 4 beds, 2 baths, 2,234 sqft single family home pending sale at $580,000 in Lindstrom MN 55045. At 20% down it rents for an estimated $2,100/mo and returns -$2,040/mo a month at a 2.4% 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
- $2,100/mo
- Monthly cash flow
- -$2,040/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.1%
- Max offer
- $250,000
Offer ≤ $250,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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