For saleSingle family
$675,000
6474 E Clark Lake Ln
Nisswa MN 56468
3 beds, 2 baths, 1,864 sqft
6474 E Clark Lake Ln is a 3 beds, 2 baths, 1,864 sqft single family home for sale at $675,000 in Nisswa MN 56468. At 20% down it rents for an estimated $1,650/mo and returns -$3,169/mo a month at a 1.0% 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
- $1,650/mo
- Monthly cash flow
- -$3,169/mo
- Cap rate
- 1.0%
- Cash-on-cash
- -28.2%
- Max offer
- $197,500
Offer ≤ $197,500 (71% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading