For saleSingle family
$645,000
8750 E Beatrice Dr
Clear Lake MN 55319
4 beds, 3.5 baths, 3,162 sqft
8750 E Beatrice Dr is a 4 beds, 3.5 baths, 3,162 sqft single family home for sale at $645,000 in Clear Lake MN 55319. At 20% down it rents for an estimated $2,250/mo and returns -$2,354/mo a month at a 2.3% 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
- $2,250/mo
- Monthly cash flow
- -$2,354/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.9%
- Max offer
- $268,000
Offer ≤ $268,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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