For saleSingle family
$643,270
1185 Oakwood Ln
Delano MN 55328
5 beds, 5 baths, 3,211 sqft
1185 Oakwood Ln is a 5 beds, 5 baths, 3,211 sqft single family home for sale at $643,270 in Delano MN 55328. At 20% down it rents for an estimated $2,975/mo and returns -$1,617/mo a month at a 3.6% 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
- $2,975/mo
- Monthly cash flow
- -$1,617/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.1%
- Max offer
- $353,000
Offer ≤ $353,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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