For saleSingle family
$485,000
8095 Hunter Lake Dr
Clear Lake MN 55319
5 beds, 3.5 baths, 3,675 sqft
8095 Hunter Lake Dr is a 5 beds, 3.5 baths, 3,675 sqft single family home for sale at $485,000 in Clear Lake MN 55319. At 20% down it rents for an estimated $1,600/mo and returns -$1,862/mo a month at a 2.1% 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
- $1,600/mo
- Monthly cash flow
- -$1,862/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.0%
- Max offer
- $190,500
Offer ≤ $190,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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