For saleSingle family
$730,000
14580 Sunfish Lake Dr
Ramsey MN 55303
4 beds, 3 baths, 4,597 sqft
14580 Sunfish Lake Dr is a 4 beds, 3 baths, 4,597 sqft single family home for sale at $730,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,700/mo and returns -$2,511/mo a month at a 2.5% 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
- $2,700/mo
- Monthly cash flow
- -$2,511/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.6%
- Max offer
- $321,000
Offer ≤ $321,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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