For saleSingle family

$135,000

410 Snell Ave

Pine River MN 56474

2 beds, 1 bath, 760 sqft

410 Snell Ave is a 2 beds, 1 bath, 760 sqft single family home for sale at $135,000 in Pine River MN 56474. At 20% down it rents for an estimated $1,125/mo and returns $161/mo a month at a 8.1% 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
$1,125/mo
Monthly cash flow
$161/mo
Cap rate
8.1%
Cash-on-cash
7.2%
Max offer
$132,500

Offer ≤ $132,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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