For saleSingle family
$799,900
3 Snowy Owl Ln
North Oaks MN 55127
3 beds, 2.5 baths, 2,190 sqft
3 Snowy Owl Ln is a 3 beds, 2.5 baths, 2,190 sqft single family home for sale at $799,900 in North Oaks MN 55127. At 20% down it rents for an estimated $2,425/mo and returns -$3,285/mo a month at a 1.7% 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
- $2,425/mo
- Monthly cash flow
- -$3,285/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.6%
- Max offer
- $289,500
Offer ≤ $289,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading