For saleSingle family
$400,000
2019 Martini Dr
Sauk Rapids MN 56379
5 beds, 3 baths, 2,407 sqft
2019 Martini Dr is a 5 beds, 3 baths, 2,407 sqft single family home for sale at $400,000 in Sauk Rapids MN 56379. At 20% down it rents for an estimated $1,725/mo and returns -$1,131/mo a month at a 3.3% 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
- $1,725/mo
- Monthly cash flow
- -$1,131/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -17.0%
- Max offer
- $204,500
Offer ≤ $204,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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