For saleSingle family
$384,000
1512 Pond View Ct
Cologne MN 55322
4 beds, 3 baths, 2,149 sqft
1512 Pond View Ct is a 4 beds, 3 baths, 2,149 sqft single family home for sale at $384,000 in Cologne MN 55322. At 20% down it rents for an estimated $2,925/mo and returns $184/mo a month at a 7.2% 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
- $2,925/mo
- Monthly cash flow
- $184/mo
- Cap rate
- 7.2%
- Cash-on-cash
- 2.9%
- Max offer
- $345,000
Offer ≤ $345,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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