For saleSingle family
$850,000
7 Chickadee Ln
North Oaks MN 55127
4 beds, 4 baths, 4,971 sqft
7 Chickadee Ln is a 4 beds, 4 baths, 4,971 sqft single family home for sale at $850,000 in North Oaks MN 55127. At 20% down it rents for an estimated $3,025/mo and returns -$3,043/mo a month at a 2.4% 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
- $3,025/mo
- Monthly cash flow
- -$3,043/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.5%
- Max offer
- $360,000
Offer ≤ $360,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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