For saleSingle family
$695,000
4859 Terrace Cir
Hermantown MN 55811
5 beds, 4 baths, 2,874 sqft
4859 Terrace Cir is a 5 beds, 4 baths, 2,874 sqft single family home for sale at $695,000 in Hermantown MN 55811. At 20% down it rents for an estimated $2,425/mo and returns -$2,536/mo a month at a 2.3% 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
- $2,425/mo
- Monthly cash flow
- -$2,536/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.9%
- Max offer
- $288,500
Offer ≤ $288,500 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading