For saleSingle family
$599,900
20518 Enfield Cir N
Forest Lake MN 55025
6 beds, 4 baths, 3,620 sqft
20518 Enfield Cir N is a 6 beds, 4 baths, 3,620 sqft single family home for sale at $599,900 in Forest Lake MN 55025. At 20% down it rents for an estimated $3,000/mo and returns -$1,283/mo a month at a 4.1% 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
- $3,000/mo
- Monthly cash flow
- -$1,283/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $355,500
Offer ≤ $355,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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