Pending saleSingle family
$475,000
324 9th Ave NW
Lonsdale MN 55046
2 beds, 3 baths, 1,509 sqft
324 9th Ave NW is a 2 beds, 3 baths, 1,509 sqft single family home pending sale at $475,000 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,100/mo and returns -$2,291/mo a month at a 0.9% 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
- $1,100/mo
- Monthly cash flow
- -$2,291/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.9%
- Max offer
- $132,000
Offer ≤ $132,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading