For saleSingle family
$649,900
8795 Lakewood Shore Rd NW
Rice MN 56367
4 beds, 3.5 baths, 4,380 sqft
8795 Lakewood Shore Rd NW is a 4 beds, 3.5 baths, 4,380 sqft single family home for sale at $649,900 in Rice MN 56367. At 20% down it rents for an estimated $1,375/mo and returns -$3,264/mo a month at a 0.6% 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
- $1,375/mo
- Monthly cash flow
- -$3,264/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.1%
- Max offer
- $165,000
Offer ≤ $165,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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