For saleTownhouse
$379,900
308 Arrowhead Dr
Lino Lakes MN 55014
2 beds, 2 baths, 1,474 sqft
308 Arrowhead Dr is a 2 beds, 2 baths, 1,474 sqft townhouse home for sale at $379,900 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,150/mo and returns -$853/mo a month at a 4.0% 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
- -$853/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.5%
- Max offer
- $211,000
Offer ≤ $211,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading