For saleSingle family
$830,000
1541 Belmont Ave NW
Prior Lake MN 55379
4 beds, 3 baths, 3,901 sqft
1541 Belmont Ave NW is a 4 beds, 3 baths, 3,901 sqft single family home for sale at $830,000 in Prior Lake MN 55379. At 20% down it rents for an estimated $2,750/mo and returns -$3,175/mo a month at a 2.1% 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
- $2,750/mo
- Monthly cash flow
- -$3,175/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.0%
- Max offer
- $327,500
Offer ≤ $327,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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