For saleSingle family

$949,900

14633 Packard St NE

Ham Lake MN 55304

4 beds, 3 baths, 3,902 sqft

14633 Packard St NE is a 4 beds, 3 baths, 3,902 sqft single family home for sale at $949,900 in Ham Lake MN 55304. At 20% down it rents for an estimated $2,900/mo and returns -$3,881/mo a month at a 1.8% 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
-$3,881/mo
Cap rate
1.8%
Cash-on-cash
-24.5%
Max offer
$346,000

Offer ≤ $346,000 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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