For saleSingle family
$319,900
23624 Cross Dr
Deerwood MN 56444
3 beds, 2 baths, 2,550 sqft
23624 Cross Dr is a 3 beds, 2 baths, 2,550 sqft single family home for sale at $319,900 in Deerwood MN 56444. At 20% down it rents for an estimated $2,550/mo and returns $306/mo a month at a 7.7% 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
- $2,550/mo
- Monthly cash flow
- $306/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.7%
- Max offer
- $305,500
Offer ≤ $305,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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