For saleSingle family

$428,000

820 10th Ave NE

Lonsdale MN 55046

4 beds, 3 baths, 2,266 sqft

820 10th Ave NE is a 4 beds, 3 baths, 2,266 sqft single family home for sale at $428,000 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,500/mo and returns -$1,555/mo a month at a 2.3% 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
$1,500/mo
Monthly cash flow
-$1,555/mo
Cap rate
2.3%
Cash-on-cash
-21.8%
Max offer
$178,500

Offer ≤ $178,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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