For saleSingle family
$640,000
4378 Ugstad Rd
Hermantown MN 55811
3 beds, 3 baths, 2,816 sqft
4378 Ugstad Rd is a 3 beds, 3 baths, 2,816 sqft single family home for sale at $640,000 in Hermantown MN 55811. At 20% down it rents for an estimated $2,525/mo and returns -$2,044/mo a month at a 2.8% 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
- $2,525/mo
- Monthly cash flow
- -$2,044/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.2%
- Max offer
- $300,000
Offer ≤ $300,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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