For saleSingle family
$330,000
1251 Heritage Dr
Waite Park MN 56387
3 beds, 2 baths, 2,266 sqft
1251 Heritage Dr is a 3 beds, 2 baths, 2,266 sqft single family home for sale at $330,000 in Waite Park MN 56387. At 20% down it rents for an estimated $1,375/mo and returns -$981/mo a month at a 3.1% 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
- $1,375/mo
- Monthly cash flow
- -$981/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.8%
- Max offer
- $163,000
Offer ≤ $163,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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