Pending saleSingle family
$355,000
262 16th Ave SE
Lonsdale MN 55046
3 beds, 2 baths, 1,476 sqft
262 16th Ave SE is a 3 beds, 2 baths, 1,476 sqft single family home pending sale at $355,000 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,225/mo and returns -$1,309/mo a month at a 2.2% 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
- $1,225/mo
- Monthly cash flow
- -$1,309/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.1%
- Max offer
- $145,500
Offer ≤ $145,500 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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