For saleSingle family

$308,000

6429 Savanna Ct

Saint Cloud MN 56303

3 beds, 2 baths, 1,920 sqft

6429 Savanna Ct is a 3 beds, 2 baths, 1,920 sqft single family home for sale at $308,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,375/mo and returns -$824/mo a month at a 3.5% 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
$1,375/mo
Monthly cash flow
-$824/mo
Cap rate
3.5%
Cash-on-cash
-16.0%
Max offer
$163,000

Offer ≤ $163,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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