For saleSingle family
$443,900
7347 Mackenzie Ave NE
Elk River MN 55330
3 beds, 2.5 baths, 1,870 sqft
7347 Mackenzie Ave NE is a 3 beds, 2.5 baths, 1,870 sqft single family home for sale at $443,900 in Elk River MN 55330. At 20% down it rents for an estimated $2,300/mo and returns -$869/mo a month at a 4.3% 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
- $2,300/mo
- Monthly cash flow
- -$869/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -11.7%
- Max offer
- $272,500
Offer ≤ $272,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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