For saleSingle family
$328,500
2227 Castlewood Dr
Worthington MN 56187
4 beds, 2 baths, 1,884 sqft
2227 Castlewood Dr is a 4 beds, 2 baths, 1,884 sqft single family home for sale at $328,500 in Worthington MN 56187. At 20% down it rents for an estimated $1,250/mo and returns -$1,095/mo a month at a 2.7% 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
- $1,250/mo
- Monthly cash flow
- -$1,095/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -20.0%
- Max offer
- $148,500
Offer ≤ $148,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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