For saleSingle family

$899,000

14272 Grantaire Ln N

Hugo MN 55038

4 beds, 4 baths, 3,760 sqft

14272 Grantaire Ln N is a 4 beds, 4 baths, 3,760 sqft single family home for sale at $899,000 in Hugo MN 55038. At 20% down it rents for an estimated $3,125/mo and returns -$3,293/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
$3,125/mo
Monthly cash flow
-$3,293/mo
Cap rate
2.3%
Cash-on-cash
-22.0%
Max offer
$372,000

Offer ≤ $372,000 (59% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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