For saleSingle family
$475,000
6060 Hemlock Ln N
Plymouth MN 55442
3 beds, 2 baths, 2,161 sqft
6060 Hemlock Ln N is a 3 beds, 2 baths, 2,161 sqft single family home for sale at $475,000 in Plymouth MN 55442. At 20% down it rents for an estimated $2,400/mo and returns -$991/mo a month at a 4.2% 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
- $2,400/mo
- Monthly cash flow
- -$991/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.5%
- Max offer
- $284,500
Offer ≤ $284,500 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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