For saleSingle family
$700,000
3508 Silver Lake Rd NE
Saint Anthony MN 55418
4 beds, 4 baths, 3,630 sqft
3508 Silver Lake Rd NE is a 4 beds, 4 baths, 3,630 sqft single family home for sale at $700,000 in Saint Anthony MN 55418. At 20% down it rents for an estimated $2,525/mo and returns -$2,472/mo a month at a 2.4% 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
- $2,525/mo
- Monthly cash flow
- -$2,472/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.2%
- Max offer
- $300,500
Offer ≤ $300,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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