For saleSingle family
$824,900
3810 Lavaque Rd
Hermantown MN 55811
4 beds, 2.5 baths, 3,390 sqft
3810 Lavaque Rd is a 4 beds, 2.5 baths, 3,390 sqft single family home for sale at $824,900 in Hermantown MN 55811. At 20% down it rents for an estimated $2,700/mo and returns -$3,189/mo a month at a 2.0% 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
- $2,700/mo
- Monthly cash flow
- -$3,189/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.2%
- Max offer
- $321,500
Offer ≤ $321,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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