For saleSingle family
$430,000
2966 Thunder Bay Rd
Little Canada MN 55117
4 beds, 2 baths, 1,894 sqft
2966 Thunder Bay Rd is a 4 beds, 2 baths, 1,894 sqft single family home for sale at $430,000 in Little Canada MN 55117. At 20% down it rents for an estimated $2,625/mo and returns -$445/mo a month at a 5.4% 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
- $2,625/mo
- Monthly cash flow
- -$445/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.2%
- Max offer
- $310,500
Offer ≤ $310,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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