For saleSingle family
$269,000
2516 Crestview Ln
Brainerd MN 56401
2 beds, 2 baths, 1,392 sqft
2516 Crestview Ln is a 2 beds, 2 baths, 1,392 sqft single family home for sale at $269,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,600/mo and returns -$320/mo a month at a 5.2% 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
- -$320/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.1%
- Max offer
- $189,000
Offer ≤ $189,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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