For saleSingle family
$525,000
660 N Shore Dr W
Orono MN 55364
2 beds, 2 baths, 1,650 sqft
660 N Shore Dr W is a 2 beds, 2 baths, 1,650 sqft single family home for sale at $525,000 in Orono MN 55364. At 20% down it rents for an estimated $1,675/mo and returns -$2,073/mo a month at a 1.9% 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
- $1,675/mo
- Monthly cash flow
- -$2,073/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.7%
- Max offer
- $199,500
Offer ≤ $199,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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