For saleSingle family
$320,000
4932 Hanover Rd
Mound MN 55364
3 beds, 1 bath, 1,019 sqft
4932 Hanover Rd is a 3 beds, 1 bath, 1,019 sqft single family home for sale at $320,000 in Mound MN 55364. At 20% down it rents for an estimated $2,375/mo and returns $131/mo a month at a 7.0% 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
- $2,375/mo
- Monthly cash flow
- $131/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.4%
- Max offer
- $284,500
Offer ≤ $284,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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