For saleSingle family
$749,000
4816 Anderson Rd
Hermantown MN 55811
3 beds, 3 baths, 2,508 sqft
4816 Anderson Rd is a 3 beds, 3 baths, 2,508 sqft single family home for sale at $749,000 in Hermantown MN 55811. At 20% down it rents for an estimated $2,525/mo and returns -$2,822/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
- $2,525/mo
- Monthly cash flow
- -$2,822/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.6%
- Max offer
- $300,500
Offer ≤ $300,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading