For saleSingle family
$465,000
2310 Leona Dr
New Brighton MN 55112
4 beds, 2 baths, 2,104 sqft
2310 Leona Dr is a 4 beds, 2 baths, 2,104 sqft single family home for sale at $465,000 in New Brighton MN 55112. At 20% down it rents for an estimated $2,450/mo and returns -$870/mo a month at a 4.4% 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
- $2,450/mo
- Monthly cash flow
- -$870/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.2%
- Max offer
- $290,000
Offer ≤ $290,000 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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