For saleSingle family
$799,900
776 Upper Colonial Dr
Mendota Heights MN 55118
4 beds, 3.5 baths, 3,508 sqft
776 Upper Colonial Dr is a 4 beds, 3.5 baths, 3,508 sqft single family home for sale at $799,900 in Mendota Heights MN 55118. At 20% down it rents for an estimated $2,475/mo and returns -$3,235/mo a month at a 1.8% 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
- $2,475/mo
- Monthly cash flow
- -$3,235/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.3%
- Max offer
- $295,000
Offer ≤ $295,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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