For saleSingle family
$1,099,900
15243 Alamo St NE
Ham Lake MN 55304
3 beds, 4 baths, 3,341 sqft
15243 Alamo St NE is a 3 beds, 4 baths, 3,341 sqft single family home for sale at $1,099,900 in Ham Lake MN 55304. At 20% down it rents for an estimated $2,400/mo and returns -$5,452/mo a month at a 0.7% 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
- $2,400/mo
- Monthly cash flow
- -$5,452/mo
- Cap rate
- 0.7%
- Cash-on-cash
- -29.7%
- Max offer
- $288,500
Offer ≤ $288,500 (74% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading