For saleSingle family
$275,000
29038 Wildwood Ln
Red Wing MN 55066
5 beds, 2 baths, 1,422 sqft
29038 Wildwood Ln is a 5 beds, 2 baths, 1,422 sqft single family home for sale at $275,000 in Red Wing MN 55066. At 20% down it rents for an estimated $1,775/mo and returns -$188/mo a month at a 5.8% 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
- $1,775/mo
- Monthly cash flow
- -$188/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.1%
- Max offer
- $209,500
Offer ≤ $209,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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