For saleSingle family
$395,000
5230 Oconnell Dr
Mounds View MN 55112
4 beds, 2 baths, 1,862 sqft
5230 Oconnell Dr is a 4 beds, 2 baths, 1,862 sqft single family home for sale at $395,000 in Mounds View MN 55112. At 20% down it rents for an estimated $2,675/mo and returns -$145/mo a month at a 6.2% 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
- $2,675/mo
- Monthly cash flow
- -$145/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.2%
- Max offer
- $316,000
Offer ≤ $316,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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