For saleSingle family
$595,000
1542 Sparrow Rd
Waconia MN 55387
4 beds, 3 baths, 2,929 sqft
1542 Sparrow Rd is a 4 beds, 3 baths, 2,929 sqft single family home for sale at $595,000 in Waconia MN 55387. At 20% down it rents for an estimated $2,500/mo and returns -$1,748/mo a month at a 3.1% 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
- $2,500/mo
- Monthly cash flow
- -$1,748/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.6%
- Max offer
- $297,000
Offer ≤ $297,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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