For saleSingle family
$549,900
6074 Ridgewood Rd
Mound MN 55364
4 beds, 3 baths, 3,016 sqft
6074 Ridgewood Rd is a 4 beds, 3 baths, 3,016 sqft single family home for sale at $549,900 in Mound MN 55364. At 20% down it rents for an estimated $4,200/mo and returns $274/mo a month at a 7.3% 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
- $4,200/mo
- Monthly cash flow
- $274/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $496,000
Offer ≤ $496,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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