For saleSingle family

$419,900

8526 253rd St

Forest Lake MN 55025

5 beds, 2 baths, 2,064 sqft

8526 253rd St is a 5 beds, 2 baths, 2,064 sqft single family home for sale at $419,900 in Forest Lake MN 55025. At 20% down it rents for an estimated $3,050/mo and returns $105/mo a month at a 6.8% 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
$3,050/mo
Monthly cash flow
$105/mo
Cap rate
6.8%
Cash-on-cash
1.5%
Max offer
$365,500

Offer ≤ $365,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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