For saleSingle family
$508,945
1908 Ravine Rd
Carver MN 55315
4 beds, 2 baths, 2,280 sqft
1908 Ravine Rd is a 4 beds, 2 baths, 2,280 sqft single family home for sale at $508,945 in Carver MN 55315. At 20% down it rents for an estimated $3,250/mo and returns -$383/mo a month at a 5.8% 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
- $3,250/mo
- Monthly cash flow
- -$383/mo
- Cap rate
- 5.8%
- Cash-on-cash
- -4.5%
- Max offer
- $384,000
Offer ≤ $384,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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