For saleSingle family
$365,000
7382 Sunset Ave
Lino Lakes MN 55014
3 beds, 2 baths, 1,826 sqft
7382 Sunset Ave is a 3 beds, 2 baths, 1,826 sqft single family home for sale at $365,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,550/mo and returns -$56/mo a month at a 6.5% 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
- -$56/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.9%
- Max offer
- $301,000
Offer ≤ $301,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading