For saleSingle family

$325,000

1684 Long Lake Rd

New Brighton MN 55112

4 beds, 2 baths, 1,586 sqft

1684 Long Lake Rd is a 4 beds, 2 baths, 1,586 sqft single family home for sale at $325,000 in New Brighton MN 55112. At 20% down it rents for an estimated $2,800/mo and returns $521/mo a month at a 8.4% 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
$2,800/mo
Monthly cash flow
$521/mo
Cap rate
8.4%
Cash-on-cash
9.6%
Max offer
$325,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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