Pending saleSingle family
$359,900
254 E Highway 61
Esko MN 55733
3 beds, 1 bath, 2,239 sqft
254 E Highway 61 is a 3 beds, 1 bath, 2,239 sqft single family home pending sale at $359,900 in Esko MN 55733. At 20% down it rents for an estimated $1,675/mo and returns -$894/mo a month at a 3.7% 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
- $1,675/mo
- Monthly cash flow
- -$894/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.9%
- Max offer
- $198,500
Offer ≤ $198,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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