For saleSingle family
$995,000
12500 Melody Ln
Lindstrom MN 55045
3 beds, 3 baths, 2,881 sqft
12500 Melody Ln is a 3 beds, 3 baths, 2,881 sqft single family home for sale at $995,000 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,625/mo and returns -$5,478/mo a month at a 0.1% 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
- $1,625/mo
- Monthly cash flow
- -$5,478/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -33.0%
- Max offer
- $196,500
Offer ≤ $196,500 (80% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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