For saleSingle family
$169,900
1303 S 8th St
Brainerd MN 56401
2 beds, 1.5 baths, 1,268 sqft
1303 S 8th St is a 2 beds, 1.5 baths, 1,268 sqft single family home for sale at $169,900 in Brainerd MN 56401. At 20% down it rents for an estimated $1,600/mo and returns $387/mo a month at a 9.4% 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
- $1,600/mo
- Monthly cash flow
- $387/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.7%
- Max offer
- $169,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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