For saleSingle family
$329,000
45544 Devils Lake Rd
Perham MN 56573
2 beds, 1 bath, 625 sqft
45544 Devils Lake Rd is a 2 beds, 1 bath, 625 sqft single family home for sale at $329,000 in Perham MN 56573. At 20% down it rents for an estimated $1,925/mo and returns -$424/mo a month at a 5.1% 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
- $1,925/mo
- Monthly cash flow
- -$424/mo
- Cap rate
- 5.1%
- Cash-on-cash
- -7.7%
- Max offer
- $227,500
Offer ≤ $227,500 (31% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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