For saleSingle family
$279,900
4605 Cumberland Rd
Mound MN 55364
2 beds, 2 baths, 1,199 sqft
4605 Cumberland Rd is a 2 beds, 2 baths, 1,199 sqft single family home for sale at $279,900 in Mound MN 55364. At 20% down it rents for an estimated $1,675/mo and returns -$323/mo a month at a 5.3% 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
- $1,675/mo
- Monthly cash flow
- -$323/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.9%
- Max offer
- $198,000
Offer ≤ $198,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading