For saleSingle family
$7,250,000
1000 Gale Is
Shorewood MN 55331
3 beds, 2.5 baths, 1,351 sqft
1000 Gale Is is a 3 beds, 2.5 baths, 1,351 sqft single family home for sale at $7,250,000 in Shorewood MN 55331. At 20% down it rents for an estimated $3,000/mo and returns -$48,756/mo a month at a -1.4% 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
- $3,000/mo
- Monthly cash flow
- -$48,756/mo
- Cap rate
- -1.4%
- Cash-on-cash
- -40.3%
- Max offer
- $363,500
Offer ≤ $363,500 (95% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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