For saleSingle family
$378,835
815 Hopkins Ln
Buffalo MN 55313
3 beds, 2 baths, 2,199 sqft
815 Hopkins Ln is a 3 beds, 2 baths, 2,199 sqft single family home for sale at $378,835 in Buffalo MN 55313. At 20% down it rents for an estimated $2,125/mo and returns -$579/mo a month at a 4.8% 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
- $2,125/mo
- Monthly cash flow
- -$579/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.2%
- Max offer
- $251,500
Offer ≤ $251,500 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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