For saleSingle family
$607,530
1929 Ravine Rd
Carver MN 55315
4 beds, 3 baths, 2,692 sqft
1929 Ravine Rd is a 4 beds, 3 baths, 2,692 sqft single family home for sale at $607,530 in Carver MN 55315. At 20% down it rents for an estimated $3,250/mo and returns -$1,087/mo a month at a 4.5% 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
- $3,250/mo
- Monthly cash flow
- -$1,087/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.7%
- Max offer
- $385,000
Offer ≤ $385,000 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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