For saleSingle family
$419,900
25547 Nordic Point Dr
Glenwood MN 56334
2 beds, 1 bath, 1,208 sqft
25547 Nordic Point Dr is a 2 beds, 1 bath, 1,208 sqft single family home for sale at $419,900 in Glenwood MN 56334. At 20% down it rents for an estimated $975/mo and returns -$2,023/mo a month at a 0.9% 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
- $975/mo
- Monthly cash flow
- -$2,023/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.9%
- Max offer
- $117,000
Offer ≤ $117,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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