ContingentSingle family
$424,900
31758 Newport Curv
Lindstrom MN 55045
4 beds, 3 baths, 2,098 sqft
31758 Newport Curv is a 4 beds, 3 baths, 2,098 sqft single family home contingent at $424,900 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,775/mo and returns -$1,258/mo a month at a 3.1% 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
- $1,775/mo
- Monthly cash flow
- -$1,258/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -17.8%
- Max offer
- $210,500
Offer ≤ $210,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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