For saleSingle family
$650,000
5442 Mayview Rd
Minnetonka MN 55345
4 beds, 3 baths, 2,500 sqft
5442 Mayview Rd is a 4 beds, 3 baths, 2,500 sqft single family home for sale at $650,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $3,500/mo and returns -$1,140/mo a month at a 4.6% 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
- $3,500/mo
- Monthly cash flow
- -$1,140/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.5%
- Max offer
- $414,500
Offer ≤ $414,500 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading