Pending saleSingle family

$369,900

11015 Terry Rd

Avon MN 56310

4 beds, 2 baths, 2,046 sqft

11015 Terry Rd is a 4 beds, 2 baths, 2,046 sqft single family home pending sale at $369,900 in Avon MN 56310. At 20% down it rents for an estimated $1,400/mo and returns -$1,241/mo a month at a 2.6% 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
$1,400/mo
Monthly cash flow
-$1,241/mo
Cap rate
2.6%
Cash-on-cash
-20.1%
Max offer
$166,500

Offer ≤ $166,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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