For saleSingle family
$285,000
31552 London Dr NE
Cambridge MN 55008
2 beds, 1 bath, 1,075 sqft
31552 London Dr NE is a 2 beds, 1 bath, 1,075 sqft single family home for sale at $285,000 in Cambridge MN 55008. At 20% down it rents for an estimated $1,500/mo and returns -$535/mo a month at a 4.4% 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
- $1,500/mo
- Monthly cash flow
- -$535/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.3%
- Max offer
- $177,500
Offer ≤ $177,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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