For saleSingle family
$392,990
919 Greenlawn Ave W
Delano MN 55328
3 beds, 2.5 baths, 1,842 sqft
919 Greenlawn Ave W is a 3 beds, 2.5 baths, 1,842 sqft single family home for sale at $392,990 in Delano MN 55328. At 20% down it rents for an estimated $2,250/mo and returns -$555/mo a month at a 5.0% 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
- $2,250/mo
- Monthly cash flow
- -$555/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.5%
- Max offer
- $266,000
Offer ≤ $266,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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