For saleSingle family
$549,900
8023 Delano Ct
Inver Grove Heights MN 55076
4 beds, 3 baths, 3,174 sqft
8023 Delano Ct is a 4 beds, 3 baths, 3,174 sqft single family home for sale at $549,900 in Inver Grove Heights MN 55076. At 20% down it rents for an estimated $2,975/mo and returns -$951/mo a month at a 4.6% 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
- $2,975/mo
- Monthly cash flow
- -$951/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.4%
- Max offer
- $352,000
Offer ≤ $352,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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