For saleSingle family
$399,900
1690 Woodbury Rd
Newport MN 55055
2 beds, 1 bath, 1,615 sqft
1690 Woodbury Rd is a 2 beds, 1 bath, 1,615 sqft single family home for sale at $399,900 in Newport MN 55055. At 20% down it rents for an estimated $1,300/mo and returns -$1,555/mo a month at a 2.0% 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
- $1,300/mo
- Monthly cash flow
- -$1,555/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.3%
- Max offer
- $155,000
Offer ≤ $155,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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