For saleSingle family
$999,000
2135 County Road 24
Medina MN 55340
5 beds, 3 baths, 4,702 sqft
2135 County Road 24 is a 5 beds, 3 baths, 4,702 sqft single family home for sale at $999,000 in Medina MN 55340. At 20% down it rents for an estimated $3,700/mo and returns -$3,432/mo a month at a 2.5% 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
- $3,700/mo
- Monthly cash flow
- -$3,432/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.6%
- Max offer
- $440,000
Offer ≤ $440,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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