For saleSingle family
$518,500
19998 Enfield Ave N
Forest Lake MN 55025
4 beds, 4 baths, 3,060 sqft
19998 Enfield Ave N is a 4 beds, 4 baths, 3,060 sqft single family home for sale at $518,500 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,475/mo and returns -$1,226/mo a month at a 3.8% 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
- $2,475/mo
- Monthly cash flow
- -$1,226/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.2%
- Max offer
- $293,500
Offer ≤ $293,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading