For saleSingle family
$134,900
640 Ranchwood Dr
Bird Island MN 55310
3 beds, 1 bath, 1,482 sqft
640 Ranchwood Dr is a 3 beds, 1 bath, 1,482 sqft single family home for sale at $134,900 in Bird Island MN 55310. At 20% down it rents for an estimated $1,000/mo and returns $54/mo a month at a 7.0% 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
- $1,000/mo
- Monthly cash flow
- $54/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.4%
- Max offer
- $119,500
Offer ≤ $119,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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