For saleSingle family
$425,000
929 Farmers Ridge Trl
Belle Plaine MN 56011
4 beds, 3 baths, 2,529 sqft
929 Farmers Ridge Trl is a 4 beds, 3 baths, 2,529 sqft single family home for sale at $425,000 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,600/mo and returns -$1,434/mo a month at a 2.6% 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
- $1,600/mo
- Monthly cash flow
- -$1,434/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.2%
- Max offer
- $190,000
Offer ≤ $190,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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