For saleSingle family

$429,990

4332 Meadowview Dr

Waconia MN 55387

3 beds, 2.5 baths, 2,122 sqft

4332 Meadowview Dr is a 3 beds, 2.5 baths, 2,122 sqft single family home for sale at $429,990 in Waconia MN 55387. At 20% down it rents for an estimated $2,700/mo and returns -$370/mo a month at a 5.6% 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
$2,700/mo
Monthly cash flow
-$370/mo
Cap rate
5.6%
Cash-on-cash
-5.2%
Max offer
$319,000

Offer ≤ $319,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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