For saleSingle family
$550,000
14797 192nd Ave NW
Elk River MN 55330
4 beds, 3 baths, 2,713 sqft
14797 192nd Ave NW is a 4 beds, 3 baths, 2,713 sqft single family home for sale at $550,000 in Elk River MN 55330. At 20% down it rents for an estimated $3,000/mo and returns -$926/mo a month at a 4.6% 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
- $3,000/mo
- Monthly cash flow
- -$926/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.1%
- Max offer
- $355,000
Offer ≤ $355,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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