For saleSingle family
$725,000
11160 Lake Point Dr
Chisago City MN 55013
5 beds, 4 baths, 3,319 sqft
11160 Lake Point Dr is a 5 beds, 4 baths, 3,319 sqft single family home for sale at $725,000 in Chisago City MN 55013. At 20% down it rents for an estimated $2,325/mo and returns -$2,851/mo a month at a 1.9% 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
- $2,325/mo
- Monthly cash flow
- -$2,851/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.6%
- Max offer
- $277,000
Offer ≤ $277,000 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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