For saleTownhouse
$184,500
2306 Hillcrest Dr
Brainerd MN 56401
2 beds, 1.5 baths, 1,150 sqft
2306 Hillcrest Dr is a 2 beds, 1.5 baths, 1,150 sqft townhouse home for sale at $184,500 in Brainerd MN 56401. At 20% down it rents for an estimated $1,600/mo and returns $117/mo a month at a 7.4% 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
- $1,600/mo
- Monthly cash flow
- $117/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.8%
- Max offer
- $168,500
Offer ≤ $168,500 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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