For saleSingle family
$6,490,000
1065 Tonkawa Rd
Orono MN 55356
7 beds, 6.5 baths, 9,258 sqft
1065 Tonkawa Rd is a 7 beds, 6.5 baths, 9,258 sqft single family home for sale at $6,490,000 in Orono MN 55356. At 20% down it rents for an estimated $4,200/mo and returns -$42,131/mo a month at a -1.1% 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
- $4,200/mo
- Monthly cash flow
- -$42,131/mo
- Cap rate
- -1.1%
- Cash-on-cash
- -38.9%
- Max offer
- $509,000
Offer ≤ $509,000 (92% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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