For saleSingle family
$279,900
962 Miles Dr
Worthington MN 56187
4 beds, 2 baths, 2,040 sqft
962 Miles Dr is a 4 beds, 2 baths, 2,040 sqft single family home for sale at $279,900 in Worthington MN 56187. At 20% down it rents for an estimated $1,250/mo and returns -$748/mo a month at a 3.5% 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
- $1,250/mo
- Monthly cash flow
- -$748/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $148,000
Offer ≤ $148,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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