For saleSingle family
$540,000
4440 198th Ln NW
Oak Grove MN 55303
4 beds, 3 baths, 2,900 sqft
4440 198th Ln NW is a 4 beds, 3 baths, 2,900 sqft single family home for sale at $540,000 in Oak Grove MN 55303. At 20% down it rents for an estimated $2,950/mo and returns -$905/mo a month at a 4.7% 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
- $2,950/mo
- Monthly cash flow
- -$905/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -10.1%
- Max offer
- $349,000
Offer ≤ $349,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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