For saleSingle family

$369,999

18975 Flora St NW

Oak Grove MN 55011

3 beds, 1 bath, 1,300 sqft

18975 Flora St NW is a 3 beds, 1 bath, 1,300 sqft single family home for sale at $369,999 in Oak Grove MN 55011. At 20% down it rents for an estimated $2,825/mo and returns $184/mo a month at a 7.3% 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
$2,825/mo
Monthly cash flow
$184/mo
Cap rate
7.3%
Cash-on-cash
3.0%
Max offer
$333,500

Offer ≤ $333,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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