For saleSingle family
$1,275,000
2403 Highover Trl
Chanhassen MN 55317
5 beds, 5 baths, 4,200 sqft
2403 Highover Trl is a 5 beds, 5 baths, 4,200 sqft single family home for sale at $1,275,000 in Chanhassen MN 55317. At 20% down it rents for an estimated $3,225/mo and returns -$5,877/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
- $3,225/mo
- Monthly cash flow
- -$5,877/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.7%
- Max offer
- $386,000
Offer ≤ $386,000 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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