For saleSingle family
$355,000
406 Schilling Cir NW
Forest Lake MN 55025
4 beds, 2 baths, 1,692 sqft
406 Schilling Cir NW is a 4 beds, 2 baths, 1,692 sqft single family home for sale at $355,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,750/mo and returns $260/mo a month at a 7.4% 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
- $2,750/mo
- Monthly cash flow
- $260/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 4.4%
- Max offer
- $329,500
Offer ≤ $329,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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