For saleSingle family
$425,000
2685 Halstead Ln
Mound MN 55364
3 beds, 2 baths, 1,860 sqft
2685 Halstead Ln is a 3 beds, 2 baths, 1,860 sqft single family home for sale at $425,000 in Mound MN 55364. At 20% down it rents for an estimated $3,600/mo and returns $566/mo a month at a 8.3% 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
- $3,600/mo
- Monthly cash flow
- $566/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.0%
- Max offer
- $424,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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