For saleSingle family
$488,375
6849 Zenwood Ln
Corcoran MN 55340
2 beds, 2 baths, 1,538 sqft
6849 Zenwood Ln is a 2 beds, 2 baths, 1,538 sqft single family home for sale at $488,375 in Corcoran MN 55340. At 20% down it rents for an estimated $2,150/mo and returns -$1,336/mo a month at a 3.4% 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
- $2,150/mo
- Monthly cash flow
- -$1,336/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.4%
- Max offer
- $255,000
Offer ≤ $255,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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