For saleSingle family
$550,000
109 Woodridge Ln
Lino Lakes MN 55014
4 beds, 4 baths, 3,617 sqft
109 Woodridge Ln is a 4 beds, 4 baths, 3,617 sqft single family home for sale at $550,000 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,575/mo and returns -$1,351/mo a month at a 3.7% 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
- $2,575/mo
- Monthly cash flow
- -$1,351/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.7%
- Max offer
- $305,500
Offer ≤ $305,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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