For saleSingle family
$599,900
5665 Hagberg Rd
Hermantown MN 55811
3 beds, 2 baths, 2,154 sqft
5665 Hagberg Rd is a 3 beds, 2 baths, 2,154 sqft single family home for sale at $599,900 in Hermantown MN 55811. At 20% down it rents for an estimated $1,975/mo and returns -$2,308/mo a month at a 2.1% 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
- $1,975/mo
- Monthly cash flow
- -$2,308/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.1%
- Max offer
- $235,500
Offer ≤ $235,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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