For saleSingle family
$315,000
13310 Lake Place Rd
Zimmerman MN 55398
5 beds, 2 baths, 2,107 sqft
13310 Lake Place Rd is a 5 beds, 2 baths, 2,107 sqft single family home for sale at $315,000 in Zimmerman MN 55398. At 20% down it rents for an estimated $2,925/mo and returns $716/mo a month at a 9.2% 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
- $2,925/mo
- Monthly cash flow
- $716/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.6%
- Max offer
- $315,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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