For saleSingle family
$324,990
6375 Ware Rd
Lino Lakes MN 55014
3 beds, 1 bath, 1,073 sqft
6375 Ware Rd is a 3 beds, 1 bath, 1,073 sqft single family home for sale at $324,990 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,375/mo and returns $55/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
- $2,375/mo
- Monthly cash flow
- $55/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.0%
- Max offer
- $280,500
Offer ≤ $280,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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