For saleSingle family
$1,374,900
2987 154th Ln NE
Ham Lake MN 55304
5 beds, 4 baths, 4,470 sqft
2987 154th Ln NE is a 5 beds, 4 baths, 4,470 sqft single family home for sale at $1,374,900 in Ham Lake MN 55304. At 20% down it rents for an estimated $3,225/mo and returns -$6,590/mo a month at a 0.9% 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
- $3,225/mo
- Monthly cash flow
- -$6,590/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.8%
- Max offer
- $387,000
Offer ≤ $387,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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