For saleSingle family
$325,000
723 N 6th St
Brainerd MN 56401
4 beds, 1.5 baths, 1,960 sqft
723 N 6th St is a 4 beds, 1.5 baths, 1,960 sqft single family home for sale at $325,000 in Brainerd MN 56401. At 20% down it rents for an estimated $2,650/mo and returns $330/mo a month at a 7.9% 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
- $2,650/mo
- Monthly cash flow
- $330/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.1%
- Max offer
- $312,500
Offer ≤ $312,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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