For saleSingle family
$550,000
4587 River Bend Pl
Savage MN 55378
5 beds, 3 baths, 2,650 sqft
4587 River Bend Pl is a 5 beds, 3 baths, 2,650 sqft single family home for sale at $550,000 in Savage MN 55378. At 20% down it rents for an estimated $2,950/mo and returns -$976/mo a month at a 4.5% 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
- $2,950/mo
- Monthly cash flow
- -$976/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.7%
- Max offer
- $349,500
Offer ≤ $349,500 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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