For saleSingle family
$645,000
8 Woodhill Ln
North Oaks MN 55127
3 beds, 3 baths, 2,287 sqft
8 Woodhill Ln is a 3 beds, 3 baths, 2,287 sqft single family home for sale at $645,000 in North Oaks MN 55127. At 20% down it rents for an estimated $2,700/mo and returns -$1,904/mo a month at a 3.1% 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
- $2,700/mo
- Monthly cash flow
- -$1,904/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.7%
- Max offer
- $320,500
Offer ≤ $320,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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