For saleTownhouse

$217,500

334 Lakeview Ave

Long Lake MN 55356

3 beds, 1.5 baths, 1,356 sqft

334 Lakeview Ave is a 3 beds, 1.5 baths, 1,356 sqft townhouse home for sale at $217,500 in Long Lake MN 55356. See the full deal score, rent estimate, cash flow, cap rate, and max offer below.

Back to home
Strong fitTownhouse110d on market

$217,500

334 Lakeview Ave

Long Lake MN 55356

3 beds1.5 baths1,356 sqft
99
Deal score
Est. rent
$2,575/mo
Cash flow
$854/mo
Cap rate
10.5%
Cash-on-cash
18.8%
Max offer
$217,500
Rental verdict

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Pro forma

Cash flow
$854/mo
Cap rate
10.5%
Cash-on-cash
18.8%
DSCR
1.81
Down payment25.0% · $54,375
Interest rate6.69%
Monthly rent$2,575/mo
Adjust assumptions

Every number on this page assumes the home stays rented and nothing is set aside. That is deliberate, but it is not what most landlords spend. Standard investor assumptions (18% of rent, about $464/mo for management, vacancy, maintenance and CapEx) would put cash flow at $390/mo. Set your own below.

Property management0% of rent · $0/mo
Vacancy (empty between tenants)0% of rent · $0/mo
Maintenance (small repairs)0% of rent · $0/mo
CapEx (saving for big repairs)0% of rent · $0/mo

Monthly payment (PITI)

  • Principal & interest$1,052
  • Property tax$218
  • Insurance$27
  • HOA$425
  • Total payment$1,721/mo

Cash-flow math charges taxes, insurance, HOA and PMI in full and holds nothing back from rent, the same basis your board ranks on. Management, vacancy, maintenance and CapEx are yours to set above. Insurance runs lighter here: the association’s dues cover the structure’s master policy and exterior upkeep.

Cash you'd need to close (est.)

  • Down payment (25.0%)$54,375
  • Closing costs (~3%: title, lender, prepaid escrow)$6,525
  • Reserves (2 months of payments)$3,442
  • Total cash to close$64,342

An estimate — your lender's Loan Estimate is the real number. Doesn't include any repairs needed before renting.

Where it sits

334 Lakeview Ave in context — the streets, water and amenities around it.

Street View ↗

Property details

334 Lakeview Ave · Long Lake MN 55356

Beds
3
Baths
1.5
Square feet
1,356
Price / sqft
$160
Home type
Townhouse
Days on market
110 days
HOA
$425/mo
Status
For Sale

Status per the source feed — contingent/pending changes can lag the MLS by up to ~12 hours.