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 $1,625/mo and returns $699/mo a month at a 12.9% 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
- $1,625/mo
- Monthly cash flow
- $699/mo
- Cap rate
- 12.9%
- Cash-on-cash
- 31.8%
- Max offer
- $132,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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