For saleSingle family
$534,900
24850 Amlee Rd
Shorewood MN 55331
3 beds, 2 baths, 1,892 sqft
24850 Amlee Rd is a 3 beds, 2 baths, 1,892 sqft single family home for sale at $534,900 in Shorewood MN 55331. At 20% down it rents for an estimated $2,850/mo and returns -$969/mo a month at a 4.5% 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
- $2,850/mo
- Monthly cash flow
- -$969/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.9%
- Max offer
- $337,500
Offer ≤ $337,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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