For saleSingle family
$590,000
6694 Lakeview Cir NE
Albertville MN 55301
5 beds, 3.5 baths, 3,906 sqft
6694 Lakeview Cir NE is a 5 beds, 3.5 baths, 3,906 sqft single family home for sale at $590,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,850/mo and returns -$1,362/mo a month at a 3.9% 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
- $2,850/mo
- Monthly cash flow
- -$1,362/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.8%
- Max offer
- $338,000
Offer ≤ $338,000 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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