For saleSingle family
$658,075
1007 Oakwood Ln
Delano MN 55328
3 beds, 4 baths, 2,958 sqft
1007 Oakwood Ln is a 3 beds, 4 baths, 2,958 sqft single family home for sale at $658,075 in Delano MN 55328. At 20% down it rents for an estimated $1,950/mo and returns -$2,748/mo a month at a 1.7% 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
- $1,950/mo
- Monthly cash flow
- -$2,748/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -25.1%
- Max offer
- $232,500
Offer ≤ $232,500 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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