For saleSingle family
$325,000
219 Lakeview Dr
Spicer MN 56288
5 beds, 3 baths, 2,540 sqft
219 Lakeview Dr is a 5 beds, 3 baths, 2,540 sqft single family home for sale at $325,000 in Spicer MN 56288. At 20% down it rents for an estimated $2,975/mo and returns $696/mo a month at a 9.1% 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
- $2,975/mo
- Monthly cash flow
- $696/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.8%
- Max offer
- $325,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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