For saleSingle family
$435,000
1316 Holdridge Ter
Wayzata MN 55391
4 beds, 2 baths, 1,642 sqft
1316 Holdridge Ter is a 4 beds, 2 baths, 1,642 sqft single family home for sale at $435,000 in Wayzata MN 55391. At 20% down it rents for an estimated $3,575/mo and returns $470/mo a month at a 8.0% 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
- $3,575/mo
- Monthly cash flow
- $470/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.5%
- Max offer
- $422,000
Offer ≤ $422,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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