For saleSingle family
$1,900,000
238 Broadway Ave N
Wayzata MN 55391
4 beds, 3.5 baths, 3,547 sqft
238 Broadway Ave N is a 4 beds, 3.5 baths, 3,547 sqft single family home for sale at $1,900,000 in Wayzata MN 55391. At 20% down it rents for an estimated $3,575/mo and returns -$9,989/mo a month at a 0.4% 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
- $3,575/mo
- Monthly cash flow
- -$9,989/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.5%
- Max offer
- $431,500
Offer ≤ $431,500 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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