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.
Loading