For saleSingle family
$623,990
6145 Goodview Ave S
Cottage Grove MN 55016
4 beds, 3 baths, 3,701 sqft
6145 Goodview Ave S is a 4 beds, 3 baths, 3,701 sqft single family home for sale at $623,990 in Cottage Grove MN 55016. At 20% down it rents for an estimated $3,200/mo and returns -$1,255/mo a month at a 4.3% 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
- $3,200/mo
- Monthly cash flow
- -$1,255/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.1%
- Max offer
- $379,000
Offer ≤ $379,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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