For saleSingle family
$1,450,000
609 Callahan Pl
Mendota Heights MN 55118
4 beds, 5 baths, 4,319 sqft
609 Callahan Pl is a 4 beds, 5 baths, 4,319 sqft single family home for sale at $1,450,000 in Mendota Heights MN 55118. At 20% down it rents for an estimated $2,475/mo and returns -$7,876/mo a month at a 0.1% 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
- $2,475/mo
- Monthly cash flow
- -$7,876/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.6%
- Max offer
- $299,500
Offer ≤ $299,500 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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