For saleSingle family
$450,000
2229 Grimm Rd
Chaska MN 55318
4 beds, 2 baths, 2,459 sqft
2229 Grimm Rd is a 4 beds, 2 baths, 2,459 sqft single family home for sale at $450,000 in Chaska MN 55318. At 20% down it rents for an estimated $3,200/mo and returns $44/mo a month at a 6.6% 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
- $3,200/mo
- Monthly cash flow
- $44/mo
- Cap rate
- 6.6%
- Cash-on-cash
- 0.6%
- Max offer
- $383,500
Offer ≤ $383,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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