For saleSingle family
$409,000
31 Lilac St
Lino Lakes MN 55014
3 beds, 2 baths, 1,855 sqft
31 Lilac St is a 3 beds, 2 baths, 1,855 sqft single family home for sale at $409,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,550/mo and returns -$370/mo a month at a 5.6% 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
- $2,550/mo
- Monthly cash flow
- -$370/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.4%
- Max offer
- $301,500
Offer ≤ $301,500 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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