For saleSingle family
$374,900
4916 Hanover Rd
Mound MN 55364
4 beds, 1.5 baths, 1,625 sqft
4916 Hanover Rd is a 4 beds, 1.5 baths, 1,625 sqft single family home for sale at $374,900 in Mound MN 55364. At 20% down it rents for an estimated $4,200/mo and returns $1,524/mo a month at a 11.5% 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
- $4,200/mo
- Monthly cash flow
- $1,524/mo
- Cap rate
- 11.5%
- Cash-on-cash
- 24.4%
- Max offer
- $374,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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