For saleSingle family
$375,000
11264 Garnet Ct
Hanover MN 55341
4 beds, 2 baths, 2,468 sqft
11264 Garnet Ct is a 4 beds, 2 baths, 2,468 sqft single family home for sale at $375,000 in Hanover MN 55341. At 20% down it rents for an estimated $2,800/mo and returns $170/mo a month at a 7.1% 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
- $2,800/mo
- Monthly cash flow
- $170/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.7%
- Max offer
- $335,500
Offer ≤ $335,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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