For saleSingle family
$475,000
282 Cherry Hill Trl
Medina MN 55340
2 beds, 3 baths, 1,820 sqft
282 Cherry Hill Trl is a 2 beds, 3 baths, 1,820 sqft single family home for sale at $475,000 in Medina MN 55340. At 20% down it rents for an estimated $2,050/mo and returns -$1,341/mo a month at a 3.3% 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
- $2,050/mo
- Monthly cash flow
- -$1,341/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.9%
- Max offer
- $243,000
Offer ≤ $243,000 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading