For saleSingle family

$140,000

619 League Ave

Brainerd MN 56401

1 bed, 1 bath, 855 sqft

619 League Ave is a 1 bed, 1 bath, 855 sqft single family home for sale at $140,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,400/mo and returns $401/mo a month at a 10.1% 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
$1,400/mo
Monthly cash flow
$401/mo
Cap rate
10.1%
Cash-on-cash
17.2%
Max offer
$140,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading