For saleSingle family
$327,500
6716 Cedar Lake Rd S
Saint Louis Park MN 55426
3 beds, 2 baths, 1,687 sqft
6716 Cedar Lake Rd S is a 3 beds, 2 baths, 1,687 sqft single family home for sale at $327,500 in Saint Louis Park MN 55426. At 20% down it rents for an estimated $2,725/mo and returns $428/mo a month at a 8.1% 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
- $2,725/mo
- Monthly cash flow
- $428/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.8%
- Max offer
- $326,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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