For saleSingle family
$314,900
3587 Stebner Rd
Hermantown MN 55811
3 beds, 2 baths, 1,596 sqft
3587 Stebner Rd is a 3 beds, 2 baths, 1,596 sqft single family home for sale at $314,900 in Hermantown MN 55811. At 20% down it rents for an estimated $2,950/mo and returns $741/mo a month at a 9.3% 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
- $741/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 14.1%
- Max offer
- $314,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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