For saleSingle family
$1,600,000
223 Old Wildwood Rd
Mahtomedi MN 55115
5 beds, 4.5 baths, 4,432 sqft
223 Old Wildwood Rd is a 5 beds, 4.5 baths, 4,432 sqft single family home for sale at $1,600,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,000/mo and returns -$8,422/mo a month at a 0.3% 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
- $3,000/mo
- Monthly cash flow
- -$8,422/mo
- Cap rate
- 0.3%
- Cash-on-cash
- -31.6%
- Max offer
- $362,000
Offer ≤ $362,000 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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