For saleSingle family
$275,000
204 3rd Ave NE
Lonsdale MN 55046
3 beds, 1 bath, 1,425 sqft
204 3rd Ave NE is a 3 beds, 1 bath, 1,425 sqft single family home for sale at $275,000 in Lonsdale MN 55046. At 20% down it rents for an estimated $2,250/mo and returns $321/mo a month at a 7.9% 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
- $321/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 7.0%
- Max offer
- $269,500
Offer ≤ $269,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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