For saleSingle family
$399,900
4201 Lavaque Rd
Hermantown MN 55811
3 beds, 1 bath, 1,459 sqft
4201 Lavaque Rd is a 3 beds, 1 bath, 1,459 sqft single family home for sale at $399,900 in Hermantown MN 55811. At 20% down it rents for an estimated $2,525/mo and returns -$330/mo a month at a 5.7% 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
- $2,525/mo
- Monthly cash flow
- -$330/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.9%
- Max offer
- $298,500
Offer ≤ $298,500 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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