For saleSingle family
$699,045
916 Big Woods Dr
Delano MN 55328
5 beds, 4.5 baths, 3,870 sqft
916 Big Woods Dr is a 5 beds, 4.5 baths, 3,870 sqft single family home for sale at $699,045 in Delano MN 55328. At 20% down it rents for an estimated $2,975/mo and returns -$2,015/mo a month at a 3.2% 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
- -$2,015/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.3%
- Max offer
- $353,000
Offer ≤ $353,000 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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