For saleSingle family
$461,990
6501 Tamarack Lane
Corcoran MN 55340
2 beds, 1,487 sqft
6501 Tamarack Lane is a 2 beds, 1,487 sqft single family home for sale at $461,990 in Corcoran MN 55340. At 20% down it rents for an estimated $2,150/mo and returns -$1,148/mo a month at a 3.7% 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
- $2,150/mo
- Monthly cash flow
- -$1,148/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.9%
- Max offer
- $255,000
Offer ≤ $255,000 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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