For saleSingle family
$765,000
11117 41st Street Cir N
Lake Elmo MN 55042
5 beds, 4 baths, 3,669 sqft
11117 41st Street Cir N is a 5 beds, 4 baths, 3,669 sqft single family home for sale at $765,000 in Lake Elmo MN 55042. At 20% down it rents for an estimated $3,475/mo and returns -$1,986/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
- $3,475/mo
- Monthly cash flow
- -$1,986/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.6%
- Max offer
- $412,000
Offer ≤ $412,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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