For saleSingle family

$526,595

656 Sierra Pkwy

Waconia MN 55387

4 beds, 3 baths, 2,439 sqft

656 Sierra Pkwy is a 4 beds, 3 baths, 2,439 sqft single family home for sale at $526,595 in Waconia MN 55387. At 20% down it rents for an estimated $2,500/mo and returns -$1,259/mo a month at a 3.8% 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
$2,500/mo
Monthly cash flow
-$1,259/mo
Cap rate
3.8%
Cash-on-cash
-14.3%
Max offer
$296,500

Offer ≤ $296,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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