For saleSingle family
$164,900
908 12th Ave NE
Brainerd MN 56401
3 beds, 2 baths, 1,128 sqft
908 12th Ave NE is a 3 beds, 2 baths, 1,128 sqft single family home for sale at $164,900 in Brainerd MN 56401. At 20% down it rents for an estimated $1,800/mo and returns $623/mo a month at a 11.2% 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
- $623/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 22.7%
- Max offer
- $164,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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