Pending saleSingle family

$150,000

11465 Lakeview Rd

Chisago City MN 55013

2 beds, 1 bath, 1,440 sqft

11465 Lakeview Rd is a 2 beds, 1 bath, 1,440 sqft single family home pending sale at $150,000 in Chisago City MN 55013. At 20% down it rents for an estimated $1,450/mo and returns $379/mo a month at a 9.7% 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
$1,450/mo
Monthly cash flow
$379/mo
Cap rate
9.7%
Cash-on-cash
15.2%
Max offer
$150,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading