Pending saleSingle family
$350,000
413 Orchard View Dr
La Crescent MN 55947
2 beds, 3 baths, 2,199 sqft
413 Orchard View Dr is a 2 beds, 3 baths, 2,199 sqft single family home pending sale at $350,000 in La Crescent MN 55947. At 20% down it rents for an estimated $975/mo and returns -$1,524/mo a month at a 1.4% 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
- $975/mo
- Monthly cash flow
- -$1,524/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.1%
- Max offer
- $116,500
Offer ≤ $116,500 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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