For saleSingle family
$850,000
580 Eastgate Pkwy
Mahtomedi MN 55115
4 beds, 4 baths, 5,006 sqft
580 Eastgate Pkwy is a 4 beds, 4 baths, 5,006 sqft single family home for sale at $850,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,200/mo and returns -$2,868/mo a month at a 2.6% 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
- $3,200/mo
- Monthly cash flow
- -$2,868/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.2%
- Max offer
- $380,500
Offer ≤ $380,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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