For saleSingle family

$389,000

10 8th Ave SE

Isanti MN 55040

5 beds, 3 baths, 2,508 sqft

10 8th Ave SE is a 5 beds, 3 baths, 2,508 sqft single family home for sale at $389,000 in Isanti MN 55040. At 20% down it rents for an estimated $2,850/mo and returns $122/mo a month at a 6.9% 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
$2,850/mo
Monthly cash flow
$122/mo
Cap rate
6.9%
Cash-on-cash
1.9%
Max offer
$341,500

Offer ≤ $341,500 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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