For saleSingle family
$501,685
7620 Lotus Ln
Lino Lakes MN 55038
4 beds, 3 baths, 2,354 sqft
7620 Lotus Ln is a 4 beds, 3 baths, 2,354 sqft single family home for sale at $501,685 in Lino Lakes MN 55038. At 20% down it rents for an estimated $2,900/mo and returns -$681/mo a month at a 5.0% 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
- $2,900/mo
- Monthly cash flow
- -$681/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.1%
- Max offer
- $343,000
Offer ≤ $343,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading