For saleSingle family
$260,000
744 N Shore Dr
Forest Lake MN 55025
2 beds, 1 bath, 925 sqft
744 N Shore Dr is a 2 beds, 1 bath, 925 sqft single family home for sale at $260,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,150/mo and returns $326/mo a month at a 8.0% 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
- $2,150/mo
- Monthly cash flow
- $326/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.5%
- Max offer
- $257,500
Offer ≤ $257,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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