Pending saleSingle family
$384,999
2649 Hillview Rd
Mounds View MN 55112
4 beds, 2 baths, 2,176 sqft
2649 Hillview Rd is a 4 beds, 2 baths, 2,176 sqft single family home pending sale at $384,999 in Mounds View MN 55112. At 20% down it rents for an estimated $2,350/mo and returns -$398/mo a month at a 5.4% 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
- $2,350/mo
- Monthly cash flow
- -$398/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.2%
- Max offer
- $278,000
Offer ≤ $278,000 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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