For saleSingle family

$289,900

3605 Copley Rd

Hermantown MN 55811

3 beds, 1 bath, 956 sqft

3605 Copley Rd is a 3 beds, 1 bath, 956 sqft single family home for sale at $289,900 in Hermantown MN 55811. At 20% down it rents for an estimated $2,950/mo and returns $917/mo a month at a 10.3% 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
$917/mo
Cap rate
10.3%
Cash-on-cash
19.0%
Max offer
$289,900

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

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