For saleSingle family
$450,000
20761 187th Ave NW
Big Lake MN 55309
4 beds, 2 baths, 1,824 sqft
20761 187th Ave NW is a 4 beds, 2 baths, 1,824 sqft single family home for sale at $450,000 in Big Lake MN 55309. At 20% down it rents for an estimated $2,350/mo and returns -$862/mo a month at a 4.4% 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
- $2,350/mo
- Monthly cash flow
- -$862/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.5%
- Max offer
- $278,500
Offer ≤ $278,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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