For saleSingle family
$3,595,000
348 W Lake St
Orono MN 55356
4 beds, 4.5 baths, 5,193 sqft
348 W Lake St is a 4 beds, 4.5 baths, 5,193 sqft single family home for sale at $3,595,000 in Orono MN 55356. At 20% down it rents for an estimated $3,350/mo and returns -$22,314/mo a month at a -0.8% 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
- $3,350/mo
- Monthly cash flow
- -$22,314/mo
- Cap rate
- -0.8%
- Cash-on-cash
- -37.2%
- Max offer
- $406,000
Offer ≤ $406,000 (89% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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