For saleMulti-family

$439,900

5017-5019 Shoreline Dr

Mound MN 55364

6 beds, 2 baths, 2,412 sqft

5017-5019 Shoreline Dr is a 6 beds, 2 baths, 2,412 sqft multi-family home for sale at $439,900 in Mound MN 55364. At 20% down it rents for an estimated $5,400/mo and returns $2,315/mo a month at a 12.8% 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
$5,400/mo
Monthly cash flow
$2,315/mo
Cap rate
12.8%
Cash-on-cash
31.6%
Max offer
$439,900

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

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