Pending saleSingle family

$290,000

332 Bavaria Way

Waverly MN 55390

2 beds, 1 bath, 1,007 sqft

332 Bavaria Way is a 2 beds, 1 bath, 1,007 sqft single family home pending sale at $290,000 in Waverly MN 55390. At 20% down it rents for an estimated $1,750/mo and returns -$320/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
$1,750/mo
Monthly cash flow
-$320/mo
Cap rate
5.3%
Cash-on-cash
-6.6%
Max offer
$207,000

Offer ≤ $207,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading