For saleSingle family
$750,000
5915 Edgewater Dr
Savage MN 55378
4 beds, 4 baths, 3,723 sqft
5915 Edgewater Dr is a 4 beds, 4 baths, 3,723 sqft single family home for sale at $750,000 in Savage MN 55378. At 20% down it rents for an estimated $2,550/mo and returns -$2,804/mo a month at a 2.2% 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
- $2,550/mo
- Monthly cash flow
- -$2,804/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.4%
- Max offer
- $303,500
Offer ≤ $303,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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