For saleSingle family
$1,050,000
2162 Lakebrook Dr
New Brighton MN 55112
4 beds, 3 baths, 3,166 sqft
2162 Lakebrook Dr is a 4 beds, 3 baths, 3,166 sqft single family home for sale at $1,050,000 in New Brighton MN 55112. At 20% down it rents for an estimated $2,675/mo and returns -$4,821/mo a month at a 1.2% 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
- $2,675/mo
- Monthly cash flow
- -$4,821/mo
- Cap rate
- 1.2%
- Cash-on-cash
- -27.5%
- Max offer
- $320,500
Offer ≤ $320,500 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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