For saleSingle family
$400,000
7117 Steepleview Rd
Woodbury MN 55125
4 beds, 2.5 baths, 1,814 sqft
7117 Steepleview Rd is a 4 beds, 2.5 baths, 1,814 sqft single family home for sale at $400,000 in Woodbury MN 55125. At 20% down it rents for an estimated $3,350/mo and returns $494/mo a month at a 8.2% 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
- $3,350/mo
- Monthly cash flow
- $494/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.4%
- Max offer
- $395,000
Offer ≤ $395,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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