For saleSingle family
$525,000
20370 Enfield Ct N
Forest Lake MN 55025
4 beds, 4 baths, 2,418 sqft
20370 Enfield Ct N is a 4 beds, 4 baths, 2,418 sqft single family home for sale at $525,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,425/mo and returns -$1,323/mo a month at a 3.6% 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
- $2,425/mo
- Monthly cash flow
- -$1,323/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.1%
- Max offer
- $287,500
Offer ≤ $287,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading