For saleSingle family
$264,900
711 N 7th St
Brainerd MN 56401
5 beds, 2 baths, 2,417 sqft
711 N 7th St is a 5 beds, 2 baths, 2,417 sqft single family home for sale at $264,900 in Brainerd MN 56401. At 20% down it rents for an estimated $2,975/mo and returns $1,084/mo a month at a 11.6% 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
- $2,975/mo
- Monthly cash flow
- $1,084/mo
- Cap rate
- 11.6%
- Cash-on-cash
- 24.6%
- Max offer
- $264,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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