For saleSingle family
$425,990
10232 Twin Lakes Pkwy
Elk River MN 55330
4 beds, 2,342 sqft
10232 Twin Lakes Pkwy is a 4 beds, 2,342 sqft single family home for sale at $425,990 in Elk River MN 55330. At 20% down it rents for an estimated $2,450/mo and returns -$591/mo a month at a 5.0% 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
- $2,450/mo
- Monthly cash flow
- -$591/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.3%
- Max offer
- $290,000
Offer ≤ $290,000 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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