For saleSingle family
$579,000
5595 Wedgewood Dr
Shorewood MN 55331
4 beds, 2 baths, 2,137 sqft
5595 Wedgewood Dr is a 4 beds, 2 baths, 2,137 sqft single family home for sale at $579,000 in Shorewood MN 55331. At 20% down it rents for an estimated $3,250/mo and returns -$883/mo a month at a 4.8% 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
- $3,250/mo
- Monthly cash flow
- -$883/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.2%
- Max offer
- $384,500
Offer ≤ $384,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading