Pending saleSingle family
$347,900
723 Florida St SW
Lonsdale MN 55046
3 beds, 2 baths, 1,850 sqft
723 Florida St SW is a 3 beds, 2 baths, 1,850 sqft single family home pending sale at $347,900 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,225/mo and returns -$1,259/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
- $1,225/mo
- Monthly cash flow
- -$1,259/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.7%
- Max offer
- $145,500
Offer ≤ $145,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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