For saleSingle family
$335,000
5603 Woodland Rd
Minnetonka MN 55345
3 beds, 1 bath, 1,782 sqft
5603 Woodland Rd is a 3 beds, 1 bath, 1,782 sqft single family home for sale at $335,000 in Minnetonka MN 55345. At 20% down it rents for an estimated $2,675/mo and returns $284/mo a month at a 7.7% 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
- $2,675/mo
- Monthly cash flow
- $284/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.1%
- Max offer
- $315,500
Offer ≤ $315,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading