For saleSingle family
$299,900
1180 Joes Lake Rd SE
Cambridge MN 55008
4 beds, 2 baths, 1,830 sqft
1180 Joes Lake Rd SE is a 4 beds, 2 baths, 1,830 sqft single family home for sale at $299,900 in Cambridge MN 55008. At 20% down it rents for an estimated $2,575/mo and returns $472/mo a month at a 8.4% 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
- $2,575/mo
- Monthly cash flow
- $472/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.4%
- Max offer
- $299,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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