For saleSingle family

$309,000

5485 Bunker Lake Blvd NW

Ramsey MN 55303

3 beds, 2 baths, 1,200 sqft

5485 Bunker Lake Blvd NW is a 3 beds, 2 baths, 1,200 sqft single family home for sale at $309,000 in Ramsey MN 55303. At 20% down it rents for an estimated $2,225/mo and returns $58/mo a month at a 6.7% 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
$2,225/mo
Monthly cash flow
$58/mo
Cap rate
6.7%
Cash-on-cash
1.1%
Max offer
$266,500

Offer ≤ $266,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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