Pending saleSingle family
$179,900
2481 24th St SW
Pine River MN 56474
4 beds, 2 baths, 1,560 sqft
2481 24th St SW is a 4 beds, 2 baths, 1,560 sqft single family home pending sale at $179,900 in Pine River MN 56474. At 20% down it rents for an estimated $1,250/mo and returns -$34/mo a month at a 6.4% 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
- $1,250/mo
- Monthly cash flow
- -$34/mo
- Cap rate
- 6.4%
- Cash-on-cash
- -1.1%
- Max offer
- $147,500
Offer ≤ $147,500 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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