For saleSingle family
$345,000
38465 Coventry Dr
North Branch MN 55056
4 beds, 2 baths, 2,074 sqft
38465 Coventry Dr is a 4 beds, 2 baths, 2,074 sqft single family home for sale at $345,000 in North Branch MN 55056. At 20% down it rents for an estimated $2,050/mo and returns -$413/mo a month at a 5.2% 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
- $2,050/mo
- Monthly cash flow
- -$413/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.2%
- Max offer
- $242,500
Offer ≤ $242,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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