For saleSingle family
$499,900
9262 65th St SE
Clear Lake MN 55319
3 beds, 2 baths, 1,959 sqft
9262 65th St SE is a 3 beds, 2 baths, 1,959 sqft single family home for sale at $499,900 in Clear Lake MN 55319. At 20% down it rents for an estimated $1,325/mo and returns -$2,244/mo a month at a 1.3% 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
- $1,325/mo
- Monthly cash flow
- -$2,244/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -26.9%
- Max offer
- $158,500
Offer ≤ $158,500 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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