For saleSingle family
$179,900
3841 Haines Rd
Hermantown MN 55811
1 bed, 1 bath, 1,304 sqft
3841 Haines Rd is a 1 bed, 1 bath, 1,304 sqft single family home for sale at $179,900 in Hermantown MN 55811. At 20% down it rents for an estimated $1,325/mo and returns $63/mo a month at a 6.9% 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
- $1,325/mo
- Monthly cash flow
- $63/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 2.1%
- Max offer
- $158,500
Offer ≤ $158,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.