For saleSingle family
$333,000
5590 108th Ave
Clear Lake MN 55319
2 beds, 2 baths, 1,692 sqft
5590 108th Ave is a 2 beds, 2 baths, 1,692 sqft single family home for sale at $333,000 in Clear Lake MN 55319. At 20% down it rents for an estimated $1,175/mo and returns -$1,202/mo a month at a 2.3% 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
- $1,175/mo
- Monthly cash flow
- -$1,202/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.7%
- Max offer
- $139,500
Offer ≤ $139,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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