For saleSingle family

$249,900

7235 State Highway 5

Waconia MN 55387

5 beds, 2 baths, 2,184 sqft

7235 State Highway 5 is a 5 beds, 2 baths, 2,184 sqft single family home for sale at $249,900 in Waconia MN 55387. At 20% down it rents for an estimated $3,350/mo and returns $1,566/mo a month at a 14.2% 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
$3,350/mo
Monthly cash flow
$1,566/mo
Cap rate
14.2%
Cash-on-cash
37.6%
Max offer
$249,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading