For saleSingle family
$369,900
902 Poplar Ln
Watertown MN 55388
3 beds, 3 baths, 1,362 sqft
902 Poplar Ln is a 3 beds, 3 baths, 1,362 sqft single family home for sale at $369,900 in Watertown MN 55388. At 20% down it rents for an estimated $2,250/mo and returns -$391/mo a month at a 5.4% 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
- $2,250/mo
- Monthly cash flow
- -$391/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.3%
- Max offer
- $266,000
Offer ≤ $266,000 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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