For saleSingle family
$400,925
21675 Rose Dr
Farmington MN 55024
3 beds, 3 baths, 1,600 sqft
21675 Rose Dr is a 3 beds, 3 baths, 1,600 sqft single family home for sale at $400,925 in Farmington MN 55024. At 20% down it rents for an estimated $2,125/mo and returns -$737/mo a month at a 4.5% 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
- $2,125/mo
- Monthly cash flow
- -$737/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -11.0%
- Max offer
- $251,500
Offer ≤ $251,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading