For saleSingle family

$549,900

1332 Harbor Hills Dr

Two Harbors MN 55616

3 beds, 3 baths, 1,835 sqft

1332 Harbor Hills Dr is a 3 beds, 3 baths, 1,835 sqft single family home for sale at $549,900 in Two Harbors MN 55616. At 20% down it rents for an estimated $1,150/mo and returns -$2,776/mo a month at a 0.6% 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
$1,150/mo
Monthly cash flow
-$2,776/mo
Cap rate
0.6%
Cash-on-cash
-30.3%
Max offer
$138,000

Offer ≤ $138,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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