For saleSingle family
$199,000
3607 Lake Drive Ave N
Robbinsdale MN 55422
3 beds, 2 baths, 1,235 sqft
3607 Lake Drive Ave N is a 3 beds, 2 baths, 1,235 sqft single family home for sale at $199,000 in Robbinsdale MN 55422. At 20% down it rents for an estimated $2,075/mo and returns $679/mo a month at a 10.6% 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
- $2,075/mo
- Monthly cash flow
- $679/mo
- Cap rate
- 10.6%
- Cash-on-cash
- 20.5%
- Max offer
- $199,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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