For saleSingle family
$389,900
420 9th Ave NE
Lonsdale MN 55046
4 beds, 3 baths, 2,438 sqft
420 9th Ave NE is a 4 beds, 3 baths, 2,438 sqft single family home for sale at $389,900 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,500/mo and returns -$1,283/mo a month at a 2.7% 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
- $1,500/mo
- Monthly cash flow
- -$1,283/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.7%
- Max offer
- $178,000
Offer ≤ $178,000 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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