For saleSingle family
$595,000
46916 Glens Beach Rd
Waterville MN 56096
3 beds, 3 baths, 2,586 sqft
46916 Glens Beach Rd is a 3 beds, 3 baths, 2,586 sqft single family home for sale at $595,000 in Waterville MN 56096. At 20% down it rents for an estimated $1,350/mo and returns -$2,898/mo a month at a 0.8% 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
- $1,350/mo
- Monthly cash flow
- -$2,898/mo
- Cap rate
- 0.8%
- Cash-on-cash
- -29.2%
- Max offer
- $162,000
Offer ≤ $162,000 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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