For saleSingle family
$400,000
7181 Steepleview Rd
Woodbury MN 55125
3 beds, 3 baths, 1,934 sqft
7181 Steepleview Rd is a 3 beds, 3 baths, 1,934 sqft single family home for sale at $400,000 in Woodbury MN 55125. At 20% down it rents for an estimated $2,300/mo and returns -$556/mo a month at a 5.0% 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
- $2,300/mo
- Monthly cash flow
- -$556/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $272,000
Offer ≤ $272,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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