For saleSingle family
$369,900
12848 Belle Aire Dr
Champlin MN 55316
5 beds, 2 baths, 1,561 sqft
12848 Belle Aire Dr is a 5 beds, 2 baths, 1,561 sqft single family home for sale at $369,900 in Champlin MN 55316. At 20% down it rents for an estimated $3,100/mo and returns $459/mo a month at a 8.2% 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
- $3,100/mo
- Monthly cash flow
- $459/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.5%
- Max offer
- $365,500
Offer ≤ $365,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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