For saleSingle family
$250,000
2810 Addison Ave
Brainerd MN 56401
4 beds, 2 baths, 1,728 sqft
2810 Addison Ave is a 4 beds, 2 baths, 1,728 sqft single family home for sale at $250,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,975/mo and returns $190/mo a month at a 7.6% 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
- $1,975/mo
- Monthly cash flow
- $190/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.6%
- Max offer
- $233,000
Offer ≤ $233,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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