For saleSingle family
$489,900
11411 Latham Ln
Chisago City MN 55013
3 beds, 3 baths, 2,582 sqft
11411 Latham Ln is a 3 beds, 3 baths, 2,582 sqft single family home for sale at $489,900 in Chisago City MN 55013. At 20% down it rents for an estimated $1,625/mo and returns -$1,872/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
- $1,625/mo
- Monthly cash flow
- -$1,872/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.9%
- Max offer
- $193,500
Offer ≤ $193,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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