For saleSingle family
$489,900
4914 Radar Rd
Hermantown MN 55811
5 beds, 4 baths, 2,638 sqft
4914 Radar Rd is a 5 beds, 4 baths, 2,638 sqft single family home for sale at $489,900 in Hermantown MN 55811. At 20% down it rents for an estimated $3,600/mo and returns $103/mo a month at a 6.9% 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
- $3,600/mo
- Monthly cash flow
- $103/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.3%
- Max offer
- $425,000
Offer ≤ $425,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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