For saleSingle family
$254,500
10811 55th St SE
Clear Lake MN 55319
1 bed, 1 bath, 567 sqft
10811 55th St SE is a 1 bed, 1 bath, 567 sqft single family home for sale at $254,500 in Clear Lake MN 55319. At 20% down it rents for an estimated $1,025/mo and returns -$792/mo a month at a 2.9% 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
- $1,025/mo
- Monthly cash flow
- -$792/mo
- Cap rate
- 2.9%
- Cash-on-cash
- -18.7%
- Max offer
- $121,500
Offer ≤ $121,500 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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