For saleSingle family
$730,000
8010 Center St
Clear Lake MN 55319
4 beds, 4 baths, 3,042 sqft
8010 Center St is a 4 beds, 4 baths, 3,042 sqft single family home for sale at $730,000 in Clear Lake MN 55319. At 20% down it rents for an estimated $1,450/mo and returns -$3,761/mo a month at a 0.5% 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
- $1,450/mo
- Monthly cash flow
- -$3,761/mo
- Cap rate
- 0.5%
- Cash-on-cash
- -30.9%
- Max offer
- $174,500
Offer ≤ $174,500 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading