Pending saleSingle family

$413,000

34584 Forest Blvd

Stacy MN 55079

3 beds, 1 bath, 1,613 sqft

34584 Forest Blvd is a 3 beds, 1 bath, 1,613 sqft single family home pending sale at $413,000 in Stacy MN 55079. At 20% down it rents for an estimated $1,850/mo and returns -$1,098/mo a month at a 3.5% 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
$1,850/mo
Monthly cash flow
-$1,098/mo
Cap rate
3.5%
Cash-on-cash
-16.0%
Max offer
$219,500

Offer ≤ $219,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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