For saleSingle family
$237,000
168 5th St NW
Forest Lake MN 55025
2 beds, 1 bath, 1,000 sqft
168 5th St NW is a 2 beds, 1 bath, 1,000 sqft single family home for sale at $237,000 in Forest Lake MN 55025. At 20% down it rents for an estimated $2,150/mo and returns $488/mo a month at a 9.0% 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
- $2,150/mo
- Monthly cash flow
- $488/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 12.3%
- Max offer
- $237,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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