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. At 20% down it rents for an estimated $2,175/mo and returns $297/mo a month at a 8.3% 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
- $2,175/mo
- Monthly cash flow
- $297/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.2%
- Max offer
- $217,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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