For saleSingle family
$132,000
1708 Laurel St
Brainerd MN 56401
3 beds, 1.5 baths, 1,394 sqft
1708 Laurel St is a 3 beds, 1.5 baths, 1,394 sqft single family home for sale at $132,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,800/mo and returns $858/mo a month at a 14.5% 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
- $1,800/mo
- Monthly cash flow
- $858/mo
- Cap rate
- 14.5%
- Cash-on-cash
- 39.0%
- Max offer
- $132,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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