For saleSingle family
$830,000
1200 Falls View Ct
Mendota Heights MN 55118
5 beds, 3 baths, 2,820 sqft
1200 Falls View Ct is a 5 beds, 3 baths, 2,820 sqft single family home for sale at $830,000 in Mendota Heights MN 55118. At 20% down it rents for an estimated $2,675/mo and returns -$3,250/mo a month at a 2.0% 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
- $2,675/mo
- Monthly cash flow
- -$3,250/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.5%
- Max offer
- $319,000
Offer ≤ $319,000 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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