For saleSingle family
$3,950,000
305 N Shore Dr
Minnetrista MN 55364
6 beds, 5.5 baths, 6,063 sqft
305 N Shore Dr is a 6 beds, 5.5 baths, 6,063 sqft single family home for sale at $3,950,000 in Minnetrista MN 55364. At 20% down it rents for an estimated $4,075/mo and returns -$24,123/mo a month at a -0.7% 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
- $4,075/mo
- Monthly cash flow
- -$24,123/mo
- Cap rate
- -0.7%
- Cash-on-cash
- -36.6%
- Max offer
- $493,500
Offer ≤ $493,500 (88% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading