For saleSingle family
$450,000
5710 Turtle Lake Rd
Shoreview MN 55126
5 beds, 2 baths, 2,662 sqft
5710 Turtle Lake Rd is a 5 beds, 2 baths, 2,662 sqft single family home for sale at $450,000 in Shoreview MN 55126. At 20% down it rents for an estimated $3,050/mo and returns -$162/mo a month at a 6.2% 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
- $3,050/mo
- Monthly cash flow
- -$162/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.2%
- Max offer
- $360,500
Offer ≤ $360,500 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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