For saleSingle family
$599,000
500 William St
Excelsior MN 55331
4 beds, 2 baths, 1,873 sqft
500 William St is a 4 beds, 2 baths, 1,873 sqft single family home for sale at $599,000 in Excelsior MN 55331. At 20% down it rents for an estimated $3,050/mo and returns -$1,226/mo a month at a 4.2% 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
- $3,050/mo
- Monthly cash flow
- -$1,226/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.3%
- Max offer
- $361,500
Offer ≤ $361,500 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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