For saleSingle family
$324,999
1221 Willow Pond Dr
Waite Park MN 56387
2 beds, 2 baths, 1,510 sqft
1221 Willow Pond Dr is a 2 beds, 2 baths, 1,510 sqft single family home for sale at $324,999 in Waite Park MN 56387. At 20% down it rents for an estimated $1,100/mo and returns -$1,220/mo a month at a 2.2% 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
- $1,100/mo
- Monthly cash flow
- -$1,220/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.5%
- Max offer
- $131,000
Offer ≤ $131,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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