For saleSingle family
$549,900
29 N Ridge Rd
Esko MN 55733
4 beds, 2.5 baths, 2,450 sqft
29 N Ridge Rd is a 4 beds, 2.5 baths, 2,450 sqft single family home for sale at $549,900 in Esko MN 55733. At 20% down it rents for an estimated $2,675/mo and returns -$1,251/mo a month at a 3.9% 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
- $2,675/mo
- Monthly cash flow
- -$1,251/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.6%
- Max offer
- $317,000
Offer ≤ $317,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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