For saleSingle family
$1,095,000
15 Nord Circle Rd
North Oaks MN 55127
4 beds, 4 baths, 3,640 sqft
15 Nord Circle Rd is a 4 beds, 4 baths, 3,640 sqft single family home for sale at $1,095,000 in North Oaks MN 55127. At 20% down it rents for an estimated $2,900/mo and returns -$4,917/mo a month at a 1.3% 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
- $2,900/mo
- Monthly cash flow
- -$4,917/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -26.9%
- Max offer
- $347,000
Offer ≤ $347,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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