For saleSingle family
$345,000
6592 85th St S
Cottage Grove MN 55016
4 beds, 1.5 baths, 1,828 sqft
6592 85th St S is a 4 beds, 1.5 baths, 1,828 sqft single family home for sale at $345,000 in Cottage Grove MN 55016. At 20% down it rents for an estimated $2,650/mo and returns $230/mo a month at a 7.3% 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
- $2,650/mo
- Monthly cash flow
- $230/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 4.0%
- Max offer
- $317,500
Offer ≤ $317,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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