For saleSingle family
$470,000
5632 407th Ct
North Branch MN 55056
4 beds, 3 baths, 2,302 sqft
5632 407th Ct is a 4 beds, 3 baths, 2,302 sqft single family home for sale at $470,000 in North Branch MN 55056. At 20% down it rents for an estimated $2,050/mo and returns -$1,305/mo a month at a 3.3% 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
- $2,050/mo
- Monthly cash flow
- -$1,305/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.7%
- Max offer
- $243,000
Offer ≤ $243,000 (48% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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