For saleSingle family
$289,900
710 Main St
Clearwater MN 55320
3 beds, 2 baths, 1,779 sqft
710 Main St is a 3 beds, 2 baths, 1,779 sqft single family home for sale at $289,900 in Clearwater MN 55320. At 20% down it rents for an estimated $1,325/mo and returns -$745/mo a month at a 3.6% 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
- $1,325/mo
- Monthly cash flow
- -$745/mo
- Cap rate
- 3.6%
- Cash-on-cash
- -15.4%
- Max offer
- $157,000
Offer ≤ $157,000 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading