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 $1,450/mo and returns $258/mo a month at a 8.3% 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
$1,450/mo
Monthly cash flow
$258/mo
Cap rate
8.3%
Cash-on-cash
9.1%
Max offer
$169,900

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

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