For saleSingle family
$300,000
4904 Hanover Rd
Mound MN 55364
3 beds, 2 baths, 1,828 sqft
4904 Hanover Rd is a 3 beds, 2 baths, 1,828 sqft single family home for sale at $300,000 in Mound MN 55364. At 20% down it rents for an estimated $3,600/mo and returns $1,458/mo a month at a 12.5% 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
- $3,600/mo
- Monthly cash flow
- $1,458/mo
- Cap rate
- 12.5%
- Cash-on-cash
- 29.2%
- Max offer
- $300,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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