For saleSingle family
$420,000
913 Greenlawn Ave W
Delano MN 55328
4 beds, 2.5 baths, 2,391 sqft
913 Greenlawn Ave W is a 4 beds, 2.5 baths, 2,391 sqft single family home for sale at $420,000 in Delano MN 55328. At 20% down it rents for an estimated $2,625/mo and returns -$373/mo a month at a 5.6% 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
- $2,625/mo
- Monthly cash flow
- -$373/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.3%
- Max offer
- $310,500
Offer ≤ $310,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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