For saleSingle family
$259,000
307 Lyndale Ave N
New Prague MN 56071
4 beds, 1 bath, 1,326 sqft
307 Lyndale Ave N is a 4 beds, 1 bath, 1,326 sqft single family home for sale at $259,000 in New Prague MN 56071. At 20% down it rents for an estimated $2,750/mo and returns $933/mo a month at a 10.8% 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
- $2,750/mo
- Monthly cash flow
- $933/mo
- Cap rate
- 10.8%
- Cash-on-cash
- 21.6%
- Max offer
- $259,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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