For saleSingle family
$2,995,000
4215 Halstead Bay Ln
Excelsior MN 55331
5 beds, 5.5 baths, 4,212 sqft
4215 Halstead Bay Ln is a 5 beds, 5.5 baths, 4,212 sqft single family home for sale at $2,995,000 in Excelsior MN 55331. At 20% down it rents for an estimated $4,475/mo and returns -$16,906/mo a month at a -0.1% 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
- $4,475/mo
- Monthly cash flow
- -$16,906/mo
- Cap rate
- -0.1%
- Cash-on-cash
- -33.9%
- Max offer
- $542,000
Offer ≤ $542,000 (82% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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