For saleSingle family
$320,000
801 Sunwood Park Dr
Waite Park MN 56387
4 beds, 2 baths, 2,000 sqft
801 Sunwood Park Dr is a 4 beds, 2 baths, 2,000 sqft single family home for sale at $320,000 in Waite Park MN 56387. At 20% down it rents for an estimated $2,200/mo and returns -$84/mo a month at a 6.3% 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
- $2,200/mo
- Monthly cash flow
- -$84/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -1.6%
- Max offer
- $260,000
Offer ≤ $260,000 (19% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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