For saleSingle family
$1,600,000
4248 159th Ave NE
Ham Lake MN 55304
4 beds, 4 baths, 4,331 sqft
4248 159th Ave NE is a 4 beds, 4 baths, 4,331 sqft single family home for sale at $1,600,000 in Ham Lake MN 55304. At 20% down it rents for an estimated $3,350/mo and returns -$8,072/mo a month at a 0.6% 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
- $3,350/mo
- Monthly cash flow
- -$8,072/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.3%
- Max offer
- $403,000
Offer ≤ $403,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading