For saleSingle family
$795,000
626 Eastgate Pkwy
Mahtomedi MN 55115
4 beds, 3 baths, 3,110 sqft
626 Eastgate Pkwy is a 4 beds, 3 baths, 3,110 sqft single family home for sale at $795,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,200/mo and returns -$2,475/mo a month at a 2.9% 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
- $3,200/mo
- Monthly cash flow
- -$2,475/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.7%
- Max offer
- $380,000
Offer ≤ $380,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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