For saleSingle family
$524,990
1015 Legacy Dr
Delano MN 55328
5 beds, 5 baths, 3,579 sqft
1015 Legacy Dr is a 5 beds, 5 baths, 3,579 sqft single family home for sale at $524,990 in Delano MN 55328. At 20% down it rents for an estimated $2,975/mo and returns -$773/mo a month at a 4.9% 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
- -$773/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.8%
- Max offer
- $352,000
Offer ≤ $352,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading