For saleSingle family
$4,750,000
355 Stubbs Bay Rd N
Orono MN 55356
4 beds, 4 baths, 4,441 sqft
355 Stubbs Bay Rd N is a 4 beds, 4 baths, 4,441 sqft single family home for sale at $4,750,000 in Orono MN 55356. At 20% down it rents for an estimated $3,350/mo and returns -$30,559/mo a month at a -1.1% 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
- $3,350/mo
- Monthly cash flow
- -$30,559/mo
- Cap rate
- -1.1%
- Cash-on-cash
- -38.6%
- Max offer
- $406,000
Offer ≤ $406,000 (91% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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