For saleSingle family
$569,900
37298 Heritage Way
North Branch MN 55056
3 beds, 3 baths, 3,216 sqft
37298 Heritage Way is a 3 beds, 3 baths, 3,216 sqft single family home for sale at $569,900 in North Branch MN 55056. At 20% down it rents for an estimated $1,850/mo and returns -$2,218/mo a month at a 2.0% 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
- $1,850/mo
- Monthly cash flow
- -$2,218/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.4%
- Max offer
- $220,500
Offer ≤ $220,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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