For saleSingle family
$394,900
911 Cobblestone Ln
Belle Plaine MN 56011
5 beds, 2 baths, 2,212 sqft
911 Cobblestone Ln is a 5 beds, 2 baths, 2,212 sqft single family home for sale at $394,900 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,750/mo and returns -$1,069/mo a month at a 3.4% 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
- $1,750/mo
- Monthly cash flow
- -$1,069/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.2%
- Max offer
- $207,500
Offer ≤ $207,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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