For saleSingle family
$770,000
11339 Wildflower Dr N
Lake Elmo MN 55042
3 beds, 3 baths, 2,944 sqft
11339 Wildflower Dr N is a 3 beds, 3 baths, 2,944 sqft single family home for sale at $770,000 in Lake Elmo MN 55042. At 20% down it rents for an estimated $2,025/mo and returns -$3,472/mo a month at a 1.3% 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
- $2,025/mo
- Monthly cash flow
- -$3,472/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -27.1%
- Max offer
- $242,000
Offer ≤ $242,000 (69% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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