For saleSingle family
$1,795,000
120 Spruce St
Mahtomedi MN 55115
5 beds, 4 baths, 4,946 sqft
120 Spruce St is a 5 beds, 4 baths, 4,946 sqft single family home for sale at $1,795,000 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,000/mo and returns -$9,814/mo a month at a 0.1% 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
- $3,000/mo
- Monthly cash flow
- -$9,814/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.8%
- Max offer
- $363,500
Offer ≤ $363,500 (80% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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