For saleSingle family
$425,000
11248 193rd Ave NW
Elk River MN 55330
4 beds, 4 baths, 2,736 sqft
11248 193rd Ave NW is a 4 beds, 4 baths, 2,736 sqft single family home for sale at $425,000 in Elk River MN 55330. At 20% down it rents for an estimated $3,000/mo and returns -$34/mo a month at a 6.6% 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
- $3,000/mo
- Monthly cash flow
- -$34/mo
- Cap rate
- 6.6%
- Cash-on-cash
- -0.5%
- Max offer
- $354,500
Offer ≤ $354,500 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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