For saleSingle family
$830,000
4210 Creekwood Pl
Hermantown MN 55811
5 beds, 3 baths, 3,801 sqft
4210 Creekwood Pl is a 5 beds, 3 baths, 3,801 sqft single family home for sale at $830,000 in Hermantown MN 55811. At 20% down it rents for an estimated $2,975/mo and returns -$2,950/mo a month at a 2.4% 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
- $2,975/mo
- Monthly cash flow
- -$2,950/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.3%
- Max offer
- $354,000
Offer ≤ $354,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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