For saleSingle family

$194,900

3800 Park Ln

Spring Park MN 55384

1 bed, 1 bath, 867 sqft

3800 Park Ln is a 1 bed, 1 bath, 867 sqft single family home for sale at $194,900 in Spring Park MN 55384. At 20% down it rents for an estimated $1,925/mo and returns $558/mo a month at a 10.0% 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
$1,925/mo
Monthly cash flow
$558/mo
Cap rate
10.0%
Cash-on-cash
17.2%
Max offer
$194,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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