For saleSingle family

$285,000

413 Tanner Dr

Waverly MN 55390

3 beds, 2 baths, 1,157 sqft

413 Tanner Dr is a 3 beds, 2 baths, 1,157 sqft single family home for sale at $285,000 in Waverly MN 55390. At 20% down it rents for an estimated $2,100/mo and returns $101/mo a month at a 6.9% 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
$2,100/mo
Monthly cash flow
$101/mo
Cap rate
6.9%
Cash-on-cash
2.1%
Max offer
$251,500

Offer ≤ $251,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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