For saleSingle family
$324,700
524 Frankfort Way
Waverly MN 55390
5 beds, 2 baths, 2,125 sqft
524 Frankfort Way is a 5 beds, 2 baths, 2,125 sqft single family home for sale at $324,700 in Waverly MN 55390. At 20% down it rents for an estimated $2,600/mo and returns $323/mo a month at a 7.7% 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
- $2,600/mo
- Monthly cash flow
- $323/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 6.0%
- Max offer
- $311,500
Offer ≤ $311,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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