Pending saleSingle family
$439,900
4944 River Oaks Rd
Rockford MN 55373
3 beds, 2 baths, 1,604 sqft
4944 River Oaks Rd is a 3 beds, 2 baths, 1,604 sqft single family home pending sale at $439,900 in Rockford MN 55373. At 20% down it rents for an estimated $1,800/mo and returns -$1,340/mo a month at a 3.0% 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
- $1,800/mo
- Monthly cash flow
- -$1,340/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.3%
- Max offer
- $213,500
Offer ≤ $213,500 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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