Pending saleSingle family
$499,999
227 15th Ave SE
Lonsdale MN 55046
5 beds, 3.5 baths, 3,329 sqft
227 15th Ave SE is a 5 beds, 3.5 baths, 3,329 sqft single family home pending sale at $499,999 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,400/mo and returns -$2,169/mo a month at a 1.5% 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
- $1,400/mo
- Monthly cash flow
- -$2,169/mo
- Cap rate
- 1.5%
- Cash-on-cash
- -26.0%
- Max offer
- $167,000
Offer ≤ $167,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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