For saleSingle family
$160,000
25361 Brandy Lake Blvd
Detroit Lakes MN 56501
3 beds, 2 baths, 1,533 sqft
25361 Brandy Lake Blvd is a 3 beds, 2 baths, 1,533 sqft single family home for sale at $160,000 in Detroit Lakes MN 56501. At 20% down it rents for an estimated $1,550/mo and returns $428/mo a month at a 9.7% 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
- $1,550/mo
- Monthly cash flow
- $428/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 16.0%
- Max offer
- $160,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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