For saleSingle family
$126,500
5081 Boulder Dr
Hermantown MN 55811
3 beds, 2 baths, 1,120 sqft
5081 Boulder Dr is a 3 beds, 2 baths, 1,120 sqft single family home for sale at $126,500 in Hermantown MN 55811. At 20% down it rents for an estimated $2,525/mo and returns $1,622/mo a month at a 22.1% 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
- $2,525/mo
- Monthly cash flow
- $1,622/mo
- Cap rate
- 22.1%
- Cash-on-cash
- 76.9%
- Max offer
- $126,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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