For saleSingle family
$285,000
4751 Berkeley Rd
Hermantown MN 55811
2 beds, 2 baths, 1,536 sqft
4751 Berkeley Rd is a 2 beds, 2 baths, 1,536 sqft single family home for sale at $285,000 in Hermantown MN 55811. At 20% down it rents for an estimated $1,275/mo and returns -$760/mo a month at a 3.5% 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
- $1,275/mo
- Monthly cash flow
- -$760/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $151,000
Offer ≤ $151,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading