For saleSingle family
$300,000
17238 Lisa Ct
Brainerd MN 56401
2 beds, 1 bath, 592 sqft
17238 Lisa Ct is a 2 beds, 1 bath, 592 sqft single family home for sale at $300,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,600/mo and returns -$542/mo a month at a 4.5% 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
- $1,600/mo
- Monthly cash flow
- -$542/mo
- Cap rate
- 4.5%
- Cash-on-cash
- -10.8%
- Max offer
- $189,500
Offer ≤ $189,500 (37% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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