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 $3,000/mo and returns $307/mo a month at a 7.5% 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
$3,000/mo
Monthly cash flow
$307/mo
Cap rate
7.5%
Cash-on-cash
4.8%
Max offer
$359,000

Offer ≤ $359,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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