For saleSingle family
$359,900
8784 Woodlawn Dr
Rockford MN 55373
4 beds, 2 baths, 2,128 sqft
8784 Woodlawn Dr is a 4 beds, 2 baths, 2,128 sqft single family home for sale at $359,900 in Rockford MN 55373. At 20% down it rents for an estimated $2,625/mo and returns $56/mo a month at a 6.9% 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
- $2,625/mo
- Monthly cash flow
- $56/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 0.9%
- Max offer
- $310,000
Offer ≤ $310,000 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading