For saleSingle family
$470,000
7841 Corey Path
Inver Grove Heights MN 55076
6 beds, 3 baths, 2,835 sqft
7841 Corey Path is a 6 beds, 3 baths, 2,835 sqft single family home for sale at $470,000 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $3,600/mo and returns $245/mo a month at a 7.3% 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
- $3,600/mo
- Monthly cash flow
- $245/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.1%
- Max offer
- $425,000
Offer ≤ $425,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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