For saleSingle family
$459,900
8106 Groveland Rd
Mounds View MN 55112
5 beds, 3 baths, 2,170 sqft
8106 Groveland Rd is a 5 beds, 3 baths, 2,170 sqft single family home for sale at $459,900 in Mounds View MN 55112. At 20% down it rents for an estimated $2,600/mo and returns -$683/mo a month at a 4.9% 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
- $2,600/mo
- Monthly cash flow
- -$683/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.9%
- Max offer
- $307,500
Offer ≤ $307,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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