For saleSingle family

$349,900

171 Hanson Rd

Mahtomedi MN 55115

4 beds, 2 baths, 1,670 sqft

171 Hanson Rd is a 4 beds, 2 baths, 1,670 sqft single family home for sale at $349,900 in Mahtomedi MN 55115. At 20% down it rents for an estimated $3,500/mo and returns $1,002/mo a month at a 10.1% 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
$3,500/mo
Monthly cash flow
$1,002/mo
Cap rate
10.1%
Cash-on-cash
17.2%
Max offer
$349,900

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

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