For saleSingle family
$450,000
2108 Belmont Ln
Mound MN 55364
4 beds, 2 baths, 2,080 sqft
2108 Belmont Ln is a 4 beds, 2 baths, 2,080 sqft single family home for sale at $450,000 in Mound MN 55364. At 20% down it rents for an estimated $4,200/mo and returns $988/mo a month at a 9.3% 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
- $4,200/mo
- Monthly cash flow
- $988/mo
- Cap rate
- 9.3%
- Cash-on-cash
- 13.2%
- Max offer
- $450,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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