For saleSingle family

$2,849,000

3698 Woodland Cove Pkwy

Minnetrista MN 55331

4 beds, 3.5 baths, 5,741 sqft

3698 Woodland Cove Pkwy is a 4 beds, 3.5 baths, 5,741 sqft single family home for sale at $2,849,000 in Minnetrista MN 55331. At 20% down it rents for an estimated $4,025/mo and returns -$16,313/mo a month at a -0.2% 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
$4,025/mo
Monthly cash flow
-$16,313/mo
Cap rate
-0.2%
Cash-on-cash
-34.4%
Max offer
$487,500

Offer ≤ $487,500 (83% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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