For saleSingle family
$600,000
2060 Kelly Dr
Golden Valley MN 55427
5 beds, 3 baths, 2,940 sqft
2060 Kelly Dr is a 5 beds, 3 baths, 2,940 sqft single family home for sale at $600,000 in Golden Valley MN 55427. At 20% down it rents for an estimated $2,900/mo and returns -$1,383/mo a month at a 3.9% 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
- $2,900/mo
- Monthly cash flow
- -$1,383/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.8%
- Max offer
- $343,500
Offer ≤ $343,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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