For saleSingle family
$214,900
109 Norelius St
Isanti MN 55040
2 beds, 1 bath, 936 sqft
109 Norelius St is a 2 beds, 1 bath, 936 sqft single family home for sale at $214,900 in Isanti MN 55040. At 20% down it rents for an estimated $1,500/mo and returns -$34/mo a month at a 6.5% 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
- $1,500/mo
- Monthly cash flow
- -$34/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -1.0%
- Max offer
- $177,000
Offer ≤ $177,000 (18% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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