For saleSingle family
$525,000
8135 Long Lake Rd
Mounds View MN 55112
4 beds, 2 baths, 4,001 sqft
8135 Long Lake Rd is a 4 beds, 2 baths, 4,001 sqft single family home for sale at $525,000 in Mounds View MN 55112. At 20% down it rents for an estimated $2,350/mo and returns -$1,398/mo a month at a 3.5% 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
- $2,350/mo
- Monthly cash flow
- -$1,398/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.0%
- Max offer
- $278,500
Offer ≤ $278,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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