For saleSingle family
$315,000
26915 115th St NW
Zimmerman MN 55398
2 beds, 1 bath, 889 sqft
26915 115th St NW is a 2 beds, 1 bath, 889 sqft single family home for sale at $315,000 in Zimmerman MN 55398. At 20% down it rents for an estimated $2,300/mo and returns $91/mo a month at a 6.9% 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
- $91/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.7%
- Max offer
- $275,500
Offer ≤ $275,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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