For saleSingle family
$399,900
1432 Willow Creek Ln
Shoreview MN 55126
3 beds, 2 baths, 2,187 sqft
1432 Willow Creek Ln is a 3 beds, 2 baths, 2,187 sqft single family home for sale at $399,900 in Shoreview MN 55126. At 20% down it rents for an estimated $2,375/mo and returns -$480/mo a month at a 5.2% 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
- $2,375/mo
- Monthly cash flow
- -$480/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.2%
- Max offer
- $281,000
Offer ≤ $281,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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