For saleSingle family
$377,985
21690 Rose Dr
Farmington MN 55024
3 beds, 2 baths, 1,281 sqft
21690 Rose Dr is a 3 beds, 2 baths, 1,281 sqft single family home for sale at $377,985 in Farmington MN 55024. At 20% down it rents for an estimated $2,125/mo and returns -$573/mo a month at a 4.8% 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
- $2,125/mo
- Monthly cash flow
- -$573/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.1%
- Max offer
- $251,500
Offer ≤ $251,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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