Pending saleSingle family
$774,900
16966 Stakke Lake Rd
Lake Park MN 56554
3 beds, 2 baths, 2,336 sqft
16966 Stakke Lake Rd is a 3 beds, 2 baths, 2,336 sqft single family home pending sale at $774,900 in Lake Park MN 56554. At 20% down it rents for an estimated $850/mo and returns -$4,682/mo a month at a -0.6% 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
- $850/mo
- Monthly cash flow
- -$4,682/mo
- Cap rate
- -0.6%
- Cash-on-cash
- -36.3%
- Max offer
- $103,000
Offer ≤ $103,000 (87% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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