For saleSingle family
$600,000
4305 Cottagewood Ct
Excelsior MN 55331
3 beds, 2 baths, 1,810 sqft
4305 Cottagewood Ct is a 3 beds, 2 baths, 1,810 sqft single family home for sale at $600,000 in Excelsior MN 55331. At 20% down it rents for an estimated $3,600/mo and returns -$683/mo a month at a 5.3% 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
- -$683/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.8%
- Max offer
- $426,000
Offer ≤ $426,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading