For saleSingle family

$380,000

20095 Truman Dr

Big Lake MN 55309

5 beds, 3 baths, 2,428 sqft

20095 Truman Dr is a 5 beds, 3 baths, 2,428 sqft single family home for sale at $380,000 in Big Lake MN 55309. At 20% down it rents for an estimated $2,625/mo and returns -$88/mo a month at a 6.4% 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
$2,625/mo
Monthly cash flow
-$88/mo
Cap rate
6.4%
Cash-on-cash
-1.4%
Max offer
$310,000

Offer ≤ $310,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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