For saleSingle family
$601,700
7613 Lotus Ln
Lino Lakes MN 55038
4 beds, 2 baths, 2,566 sqft
7613 Lotus Ln is a 4 beds, 2 baths, 2,566 sqft single family home for sale at $601,700 in Lino Lakes MN 55038. At 20% down it rents for an estimated $2,900/mo and returns -$1,395/mo a month at a 3.9% 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
- -$1,395/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.9%
- Max offer
- $343,500
Offer ≤ $343,500 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading