For saleSingle family

$449,990

4338 Meadowview Dr

Waconia MN 55387

5 beds, 3 baths, 2,485 sqft

4338 Meadowview Dr is a 5 beds, 3 baths, 2,485 sqft single family home for sale at $449,990 in Waconia MN 55387. At 20% down it rents for an estimated $2,800/mo and returns -$412/mo a month at a 5.6% 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
$2,800/mo
Monthly cash flow
-$412/mo
Cap rate
5.6%
Cash-on-cash
-5.5%
Max offer
$331,000

Offer ≤ $331,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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