For saleSingle family
$330,000
345 9th St SW
Forest Lake MN 55025
4 beds, 2 baths, 1,654 sqft
345 9th St SW is a 4 beds, 2 baths, 1,654 sqft single family home for sale at $330,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,750/mo and returns $435/mo a month at a 8.1% 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
- $2,750/mo
- Monthly cash flow
- $435/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.9%
- Max offer
- $329,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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