For saleSingle family
$1,499,900
6055 Painter Rd
Minnetrista MN 55364
3 beds, 6 baths, 4,224 sqft
6055 Painter Rd is a 3 beds, 6 baths, 4,224 sqft single family home for sale at $1,499,900 in Minnetrista MN 55364. At 20% down it rents for an estimated $3,000/mo and returns -$7,707/mo a month at a 0.5% 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
- $3,000/mo
- Monthly cash flow
- -$7,707/mo
- Cap rate
- 0.5%
- Cash-on-cash
- -30.8%
- Max offer
- $361,500
Offer ≤ $361,500 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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