For saleSingle family
$349,900
4370 Lavaque Rd
Hermantown MN 55811
3 beds, 2 baths, 1,355 sqft
4370 Lavaque Rd is a 3 beds, 2 baths, 1,355 sqft single family home for sale at $349,900 in Hermantown MN 55811. At 20% down it rents for an estimated $2,525/mo and returns $27/mo a month at a 6.8% 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
- $2,525/mo
- Monthly cash flow
- $27/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 0.5%
- Max offer
- $298,000
Offer ≤ $298,000 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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