ContingentSingle family
$425,000
49295 Sportsmans Ln
Waterville MN 56096
3 beds, 1 bath, 1,130 sqft
49295 Sportsmans Ln is a 3 beds, 1 bath, 1,130 sqft single family home contingent at $425,000 in Waterville MN 56096. At 20% down it rents for an estimated $1,800/mo and returns -$1,234/mo a month at a 3.2% 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
- $1,800/mo
- Monthly cash flow
- -$1,234/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.4%
- Max offer
- $213,500
Offer ≤ $213,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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