For saleSingle family
$398,000
7275 Meadow Ct
Lino Lakes MN 55014
4 beds, 2 baths, 1,598 sqft
7275 Meadow Ct is a 4 beds, 2 baths, 1,598 sqft single family home for sale at $398,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,850/mo and returns $9/mo a month at a 6.7% 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
- $2,850/mo
- Monthly cash flow
- $9/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.1%
- Max offer
- $336,500
Offer ≤ $336,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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