For saleSingle family
$500,000
27163 Ironwood Ct
Chisago City MN 55013
3 beds, 4 baths, 2,873 sqft
27163 Ironwood Ct is a 3 beds, 4 baths, 2,873 sqft single family home for sale at $500,000 in Chisago City MN 55013. At 20% down it rents for an estimated $1,875/mo and returns -$1,694/mo a month at a 2.6% 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
- $1,875/mo
- Monthly cash flow
- -$1,694/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.3%
- Max offer
- $223,000
Offer ≤ $223,000 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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