For saleSingle family
$365,000
1868 Woodland Dr
Red Wing MN 55066
5 beds, 4 baths, 2,124 sqft
1868 Woodland Dr is a 5 beds, 4 baths, 2,124 sqft single family home for sale at $365,000 in Red Wing MN 55066. At 20% down it rents for an estimated $2,600/mo and returns -$6/mo a month at a 6.6% 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
- $2,600/mo
- Monthly cash flow
- -$6/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.1%
- Max offer
- $307,000
Offer ≤ $307,000 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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