For saleSingle family

$365,000

4900 Old Cedar Lake Rd

Saint Louis Park MN 55416

4 beds, 1 bath, 1,529 sqft

4900 Old Cedar Lake Rd is a 4 beds, 1 bath, 1,529 sqft single family home for sale at $365,000 in Saint Louis Park MN 55416. At 20% down it rents for an estimated $2,675/mo and returns $115/mo a month at a 6.9% 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
$2,675/mo
Monthly cash flow
$115/mo
Cap rate
6.9%
Cash-on-cash
1.9%
Max offer
$320,500

Offer ≤ $320,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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