For saleSingle family
$1,850,000
163 2nd St
Excelsior MN 55331
4 beds, 4 baths, 2,633 sqft
163 2nd St is a 4 beds, 4 baths, 2,633 sqft single family home for sale at $1,850,000 in Excelsior MN 55331. At 20% down it rents for an estimated $3,250/mo and returns -$9,957/mo a month at a 0.2% 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
- $3,250/mo
- Monthly cash flow
- -$9,957/mo
- Cap rate
- 0.2%
- Cash-on-cash
- -32.3%
- Max offer
- $393,000
Offer ≤ $393,000 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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