For saleSingle family
$464,900
386 Neisen Ave W
Delano MN 55328
5 beds, 3 baths, 2,414 sqft
386 Neisen Ave W is a 5 beds, 3 baths, 2,414 sqft single family home for sale at $464,900 in Delano MN 55328. At 20% down it rents for an estimated $2,975/mo and returns -$344/mo a month at a 5.8% 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
- -$344/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.4%
- Max offer
- $351,500
Offer ≤ $351,500 (24% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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