For saleSingle family
$8,995,000
3700 Casco Ave
Orono MN 55391
5 beds, 7 baths, 7,465 sqft
3700 Casco Ave is a 5 beds, 7 baths, 7,465 sqft single family home for sale at $8,995,000 in Orono MN 55391. At 20% down it rents for an estimated $3,725/mo and returns -$60,488/mo a month at a -1.4% 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
- $3,725/mo
- Monthly cash flow
- -$60,488/mo
- Cap rate
- -1.4%
- Cash-on-cash
- -40.3%
- Max offer
- $451,500
Offer ≤ $451,500 (95% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading