For saleSingle family
$1,600,000
21006 S Moose Point Ln
Grand Rapids MN 55744
4 beds, 4 baths, 3,407 sqft
21006 S Moose Point Ln is a 4 beds, 4 baths, 3,407 sqft single family home for sale at $1,600,000 in Grand Rapids MN 55744. At 20% down it rents for an estimated $2,550/mo and returns -$8,872/mo a month at a 0.0% 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
- $2,550/mo
- Monthly cash flow
- -$8,872/mo
- Cap rate
- 0.0%
- Cash-on-cash
- -33.3%
- Max offer
- $309,000
Offer ≤ $309,000 (81% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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