For saleTownhouse
$250,000
11091 187th Ave NW
Elk River MN 55330
4 beds, 2 baths, 1,649 sqft
11091 187th Ave NW is a 4 beds, 2 baths, 1,649 sqft townhouse home for sale at $250,000 in Elk River MN 55330. At 20% down it rents for an estimated $2,450/mo and returns $528/mo a month at a 9.2% 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
- $2,450/mo
- Monthly cash flow
- $528/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.7%
- Max offer
- $250,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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