For saleSingle family
$199,900
1309 S 7th St
Brainerd MN 56401
3 beds, 1 bath, 1,100 sqft
1309 S 7th St is a 3 beds, 1 bath, 1,100 sqft single family home for sale at $199,900 in Brainerd MN 56401. At 20% down it rents for an estimated $1,775/mo and returns $348/mo a month at a 8.8% 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
- $1,775/mo
- Monthly cash flow
- $348/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 10.4%
- Max offer
- $199,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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