For saleSingle family

$594,900

14927 Harpers St NE

Ham Lake MN 55304

5 beds, 4 baths, 3,250 sqft

14927 Harpers St NE is a 5 beds, 4 baths, 3,250 sqft single family home for sale at $594,900 in Ham Lake MN 55304. At 20% down it rents for an estimated $3,225/mo and returns -$1,022/mo a month at a 4.6% 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
$3,225/mo
Monthly cash flow
-$1,022/mo
Cap rate
4.6%
Cash-on-cash
-10.3%
Max offer
$382,000

Offer ≤ $382,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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