For saleSingle family

$459,900

2904 Silver Lake Ct NE

Saint Anthony MN 55421

4 beds, 3 baths, 3,047 sqft

2904 Silver Lake Ct NE is a 4 beds, 3 baths, 3,047 sqft single family home for sale at $459,900 in Saint Anthony MN 55421. At 20% down it rents for an estimated $2,525/mo and returns -$758/mo a month at a 4.7% 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
$2,525/mo
Monthly cash flow
-$758/mo
Cap rate
4.7%
Cash-on-cash
-9.9%
Max offer
$299,000

Offer ≤ $299,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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