For saleSingle family
$399,900
19321 Denver St NW
Elk River MN 55330
5 beds, 2 baths, 2,035 sqft
19321 Denver St NW is a 5 beds, 2 baths, 2,035 sqft single family home for sale at $399,900 in Elk River MN 55330. At 20% down it rents for an estimated $3,350/mo and returns $495/mo a month at a 8.2% 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
- $3,350/mo
- Monthly cash flow
- $495/mo
- Cap rate
- 8.2%
- Cash-on-cash
- 7.4%
- Max offer
- $395,000
Offer ≤ $395,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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