For saleSingle family
$359,900
500 6th Ct SE
Dover MN 55929
4 beds, 2 baths, 2,195 sqft
500 6th Ct SE is a 4 beds, 2 baths, 2,195 sqft single family home for sale at $359,900 in Dover MN 55929. At 20% down it rents for an estimated $3,250/mo and returns $726/mo a month at a 8.9% 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
- $3,250/mo
- Monthly cash flow
- $726/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 12.1%
- Max offer
- $359,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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