For saleTownhouse
$279,900
37 Portage Trl
Sauk Rapids MN 56379
2 beds, 2 baths, 1,232 sqft
37 Portage Trl is a 2 beds, 2 baths, 1,232 sqft townhouse home for sale at $279,900 in Sauk Rapids MN 56379. At 20% down it rents for an estimated $950/mo and returns -$1,220/mo a month at a 1.4% 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
- $950/mo
- Monthly cash flow
- -$1,220/mo
- Cap rate
- 1.4%
- Cash-on-cash
- -26.1%
- Max offer
- $82,000
Offer ≤ $82,000 (71% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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