For saleSingle family
$349,900
427 Lilac Ln
Madison Lake MN 56063
4 beds, 3 baths, 2,263 sqft
427 Lilac Ln is a 4 beds, 3 baths, 2,263 sqft single family home for sale at $349,900 in Madison Lake MN 56063. At 20% down it rents for an estimated $1,775/mo and returns -$723/mo a month at a 4.2% 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
- $1,775/mo
- Monthly cash flow
- -$723/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.4%
- Max offer
- $210,000
Offer ≤ $210,000 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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