For saleSingle family
$799,900
3233 Lilac Ave N
Lake Elmo MN 55042
5 beds, 4 baths, 3,490 sqft
3233 Lilac Ave N is a 5 beds, 4 baths, 3,490 sqft single family home for sale at $799,900 in Lake Elmo MN 55042. At 20% down it rents for an estimated $2,350/mo and returns -$3,360/mo a month at a 1.6% 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
- $2,350/mo
- Monthly cash flow
- -$3,360/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.2%
- Max offer
- $280,500
Offer ≤ $280,500 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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