For saleSingle family
$265,900
609 Main St N
Lonsdale MN 55046
3 beds, 3 baths, 2,040 sqft
609 Main St N is a 3 beds, 3 baths, 2,040 sqft single family home for sale at $265,900 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,225/mo and returns -$673/mo a month at a 3.6% 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
- $1,225/mo
- Monthly cash flow
- -$673/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.2%
- Max offer
- $145,000
Offer ≤ $145,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading