For saleSingle family
$445,000
7720 Long Lake Rd
Mounds View MN 55112
3 beds, 2 baths, 2,150 sqft
7720 Long Lake Rd is a 3 beds, 2 baths, 2,150 sqft single family home for sale at $445,000 in Mounds View MN 55112. At 20% down it rents for an estimated $1,900/mo and returns -$1,277/mo a month at a 3.2% 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
- $1,900/mo
- Monthly cash flow
- -$1,277/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.2%
- Max offer
- $225,500
Offer ≤ $225,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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