For saleSingle family
$475,000
3104 Silver Lake Rd NE
Saint Anthony MN 55418
5 beds, 3 baths, 3,254 sqft
3104 Silver Lake Rd NE is a 5 beds, 3 baths, 3,254 sqft single family home for sale at $475,000 in Saint Anthony MN 55418. At 20% down it rents for an estimated $2,800/mo and returns -$591/mo a month at a 5.2% 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
- $2,800/mo
- Monthly cash flow
- -$591/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.5%
- Max offer
- $331,000
Offer ≤ $331,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading