For saleSingle family
$1,585,000
6160 Cardinal Dr
Excelsior MN 55331
4 beds, 4 baths, 3,600 sqft
6160 Cardinal Dr is a 4 beds, 4 baths, 3,600 sqft single family home for sale at $1,585,000 in Excelsior MN 55331. At 20% down it rents for an estimated $2,975/mo and returns -$8,340/mo a month at a 0.4% 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
- -$8,340/mo
- Cap rate
- 0.4%
- Cash-on-cash
- -31.6%
- Max offer
- $359,000
Offer ≤ $359,000 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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