For saleTownhouse

$295,000

684 Oak Ln

Lino Lakes MN 55014

3 beds, 2.5 baths, 1,500 sqft

684 Oak Ln is a 3 beds, 2.5 baths, 1,500 sqft townhouse home for sale at $295,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,350/mo and returns $166/mo a month at a 7.2% 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
$2,350/mo
Monthly cash flow
$166/mo
Cap rate
7.2%
Cash-on-cash
3.4%
Max offer
$266,000

Offer ≤ $266,000 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.