For saleSingle family

$209,000

6413 Laurel Rd

Saint Cloud MN 56303

5 beds, 2 baths, 1,976 sqft

6413 Laurel Rd is a 5 beds, 2 baths, 1,976 sqft single family home for sale at $209,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,675/mo and returns $209/mo a month at a 7.7% 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
$1,675/mo
Monthly cash flow
$209/mo
Cap rate
7.7%
Cash-on-cash
6.0%
Max offer
$200,500

Offer ≤ $200,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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