For saleSingle family

$339,900

3731 Stebner Rd

Hermantown MN 55811

3 beds, 1 bath, 1,231 sqft

3731 Stebner Rd is a 3 beds, 1 bath, 1,231 sqft single family home for sale at $339,900 in Hermantown MN 55811. At 20% down it rents for an estimated $2,950/mo and returns $566/mo a month at a 8.5% 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
$2,950/mo
Monthly cash flow
$566/mo
Cap rate
8.5%
Cash-on-cash
10.0%
Max offer
$339,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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