For saleSingle family
$479,565
2194 Traverse Dr
Lino Lakes MN 55014
3 beds, 2 baths, 1,734 sqft
2194 Traverse Dr is a 3 beds, 2 baths, 1,734 sqft single family home for sale at $479,565 in Lino Lakes MN 55014. At 20% down it rents for an estimated $2,800/mo and returns -$623/mo a month at a 5.1% 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
- $2,800/mo
- Monthly cash flow
- -$623/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.8%
- Max offer
- $331,000
Offer ≤ $331,000 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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