For saleSingle family
$380,000
813 7th St
Madison Lake MN 56063
4 beds, 4 baths, 3,812 sqft
813 7th St is a 4 beds, 4 baths, 3,812 sqft single family home for sale at $380,000 in Madison Lake MN 56063. At 20% down it rents for an estimated $1,775/mo and returns -$938/mo a month at a 3.7% 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
- -$938/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.8%
- Max offer
- $210,500
Offer ≤ $210,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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