For saleSingle family
$490,000
9537 Glacier Rd
Minnetrista MN 55375
4 beds, 3 baths, 1,998 sqft
9537 Glacier Rd is a 4 beds, 3 baths, 1,998 sqft single family home for sale at $490,000 in Minnetrista MN 55375. At 20% down it rents for an estimated $3,000/mo and returns -$498/mo a month at a 5.4% 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
- -$498/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.1%
- Max offer
- $354,500
Offer ≤ $354,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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