For saleSingle family
$499,900
383 Walker Dr
Vadnais Heights MN 55127
5 beds, 3 baths, 2,784 sqft
383 Walker Dr is a 5 beds, 3 baths, 2,784 sqft single family home for sale at $499,900 in Vadnais Heights MN 55127. At 20% down it rents for an estimated $3,450/mo and returns -$119/mo a month at a 6.4% 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
- $3,450/mo
- Monthly cash flow
- -$119/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.4%
- Max offer
- $407,500
Offer ≤ $407,500 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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