For saleTownhouse

$299,000

7858 Marilyn Dr

Lino Lakes MN 55014

3 beds, 2.5 baths, 1,494 sqft

7858 Marilyn Dr is a 3 beds, 2.5 baths, 1,494 sqft townhouse home for sale at $299,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,350/mo and returns $149/mo a month at a 7.1% 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
$2,350/mo
Monthly cash flow
$149/mo
Cap rate
7.1%
Cash-on-cash
3.0%
Max offer
$267,000

Offer ≤ $267,000 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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