For saleSingle family
$995,000
265 Oakwood Rd
Hopkins MN 55343
6 beds, 3.5 baths, 3,840 sqft
265 Oakwood Rd is a 6 beds, 3.5 baths, 3,840 sqft single family home for sale at $995,000 in Hopkins MN 55343. At 20% down it rents for an estimated $3,325/mo and returns -$3,778/mo a month at a 2.1% 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
- $3,325/mo
- Monthly cash flow
- -$3,778/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.8%
- Max offer
- $396,000
Offer ≤ $396,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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