For saleSingle family
$799,999
142 Jacks Dr
Madison Lake MN 56063
2 beds, 3 baths, 3,326 sqft
142 Jacks Dr is a 2 beds, 3 baths, 3,326 sqft single family home for sale at $799,999 in Madison Lake MN 56063. At 20% down it rents for an estimated $1,850/mo and returns -$3,861/mo a month at a 0.9% 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
- $1,850/mo
- Monthly cash flow
- -$3,861/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -29.0%
- Max offer
- $222,000
Offer ≤ $222,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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