For saleSingle family
$483,765
7457 Lotus Ln
Lino Lakes MN 55038
3 beds, 2 baths, 1,582 sqft
7457 Lotus Ln is a 3 beds, 2 baths, 1,582 sqft single family home for sale at $483,765 in Lino Lakes MN 55038. At 20% down it rents for an estimated $2,600/mo and returns -$853/mo a month at a 4.5% 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
- $2,600/mo
- Monthly cash flow
- -$853/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.6%
- Max offer
- $308,000
Offer ≤ $308,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading