For saleSingle family
$894,900
3770 Knightsbridge Ln N
Lake Elmo MN 55042
4 beds, 3.5 baths, 3,185 sqft
3770 Knightsbridge Ln N is a 4 beds, 3.5 baths, 3,185 sqft single family home for sale at $894,900 in Lake Elmo MN 55042. At 20% down it rents for an estimated $3,700/mo and returns -$2,688/mo a month at a 3.1% 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
- $3,700/mo
- Monthly cash flow
- -$2,688/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $439,500
Offer ≤ $439,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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