For saleSingle family
$695,000
4911 Greystone St
Hermantown MN 55811
3 beds, 2 baths, 2,460 sqft
4911 Greystone St is a 3 beds, 2 baths, 2,460 sqft single family home for sale at $695,000 in Hermantown MN 55811. At 20% down it rents for an estimated $2,900/mo and returns -$2,061/mo a month at a 3.1% 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
- $2,900/mo
- Monthly cash flow
- -$2,061/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.8%
- Max offer
- $344,500
Offer ≤ $344,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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