ContingentSingle family
$349,900
26731 Oakman Ave
Lindstrom MN 55045
3 beds, 2 baths, 1,550 sqft
26731 Oakman Ave is a 3 beds, 2 baths, 1,550 sqft single family home contingent at $349,900 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,625/mo and returns -$873/mo a month at a 3.7% 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
- $1,625/mo
- Monthly cash flow
- -$873/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -15.0%
- Max offer
- $192,500
Offer ≤ $192,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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