For saleSingle family

$650,000

22 Eagle Ridge Rd

North Oaks MN 55127

4 beds, 2.5 baths, 2,539 sqft

22 Eagle Ridge Rd is a 4 beds, 2.5 baths, 2,539 sqft single family home for sale at $650,000 in North Oaks MN 55127. At 20% down it rents for an estimated $3,075/mo and returns -$1,565/mo a month at a 3.8% 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
$3,075/mo
Monthly cash flow
-$1,565/mo
Cap rate
3.8%
Cash-on-cash
-14.4%
Max offer
$364,500

Offer ≤ $364,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading