For saleSingle family
$385,500
936 Harvest Dr SW
Lonsdale MN 55046
3 beds, 3 baths, 2,409 sqft
936 Harvest Dr SW is a 3 beds, 3 baths, 2,409 sqft single family home for sale at $385,500 in Lonsdale MN 55046. At 20% down it rents for an estimated $1,200/mo and returns -$1,552/mo a month at a 1.8% 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
- $1,200/mo
- Monthly cash flow
- -$1,552/mo
- Cap rate
- 1.8%
- Cash-on-cash
- -24.2%
- Max offer
- $143,000
Offer ≤ $143,000 (63% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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