For saleSingle family
$447,900
1401 Mallard Ln
Belle Plaine MN 56011
3 beds, 2 baths, 1,912 sqft
1401 Mallard Ln is a 3 beds, 2 baths, 1,912 sqft single family home for sale at $447,900 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,625/mo and returns -$1,572/mo a month at a 2.5% 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
- $1,625/mo
- Monthly cash flow
- -$1,572/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -21.1%
- Max offer
- $193,000
Offer ≤ $193,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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