For saleSingle family
$624,990
908 Big Woods Dr
Delano MN 55328
3 beds, 3.5 baths, 3,208 sqft
908 Big Woods Dr is a 3 beds, 3.5 baths, 3,208 sqft single family home for sale at $624,990 in Delano MN 55328. At 20% down it rents for an estimated $1,800/mo and returns -$2,662/mo a month at a 1.6% 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
- $1,800/mo
- Monthly cash flow
- -$2,662/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.6%
- Max offer
- $215,000
Offer ≤ $215,000 (66% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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