For saleSingle family

$455,000

4955 Saint Albans Bay Rd

Excelsior MN 55331

3 beds, 2 baths, 1,760 sqft

4955 Saint Albans Bay Rd is a 3 beds, 2 baths, 1,760 sqft single family home for sale at $455,000 in Excelsior MN 55331. At 20% down it rents for an estimated $3,000/mo and returns -$248/mo a month at a 6.0% 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
-$248/mo
Cap rate
6.0%
Cash-on-cash
-3.3%
Max offer
$354,500

Offer ≤ $354,500 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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