For saleSingle family
$6,995,000
2295 Tamarack Dr
Medina MN 55356
6 beds, 6 baths, 7,469 sqft
2295 Tamarack Dr is a 6 beds, 6 baths, 7,469 sqft single family home for sale at $6,995,000 in Medina MN 55356. At 20% down it rents for an estimated $4,100/mo and returns -$45,836/mo a month at a -1.2% 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
- $4,100/mo
- Monthly cash flow
- -$45,836/mo
- Cap rate
- -1.2%
- Cash-on-cash
- -39.3%
- Max offer
- $496,500
Offer ≤ $496,500 (93% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading