For saleSingle family

$299,900

26560 Lake Ave

Zimmerman MN 55398

2 beds, 1 bath, 640 sqft

26560 Lake Ave is a 2 beds, 1 bath, 640 sqft single family home for sale at $299,900 in Zimmerman MN 55398. At 20% down it rents for an estimated $2,300/mo and returns $197/mo a month at a 7.3% 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
$2,300/mo
Monthly cash flow
$197/mo
Cap rate
7.3%
Cash-on-cash
3.9%
Max offer
$275,500

Offer ≤ $275,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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