For saleSingle family

$381,000

5867 Bartlett Blvd

Mound MN 55364

3 beds, 3 baths, 1,660 sqft

5867 Bartlett Blvd is a 3 beds, 3 baths, 1,660 sqft single family home for sale at $381,000 in Mound MN 55364. At 20% down it rents for an estimated $3,600/mo and returns $880/mo a month at a 9.4% 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
$3,600/mo
Monthly cash flow
$880/mo
Cap rate
9.4%
Cash-on-cash
13.9%
Max offer
$381,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading