For saleSingle family
$925,000
11320 Highway 7
Watertown MN 55388
6 beds, 5 baths, 3,407 sqft
11320 Highway 7 is a 6 beds, 5 baths, 3,407 sqft single family home for sale at $925,000 in Watertown MN 55388. At 20% down it rents for an estimated $3,675/mo and returns -$2,928/mo a month at a 2.9% 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
- $3,675/mo
- Monthly cash flow
- -$2,928/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -19.0%
- Max offer
- $436,500
Offer ≤ $436,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading