For saleSingle family
$355,000
41485 429th St
Perham MN 56573
4 beds, 2 baths, 2,059 sqft
41485 429th St is a 4 beds, 2 baths, 2,059 sqft single family home for sale at $355,000 in Perham MN 56573. At 20% down it rents for an estimated $2,800/mo and returns $266/mo a month at a 7.6% 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
- $2,800/mo
- Monthly cash flow
- $266/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 4.5%
- Max offer
- $330,500
Offer ≤ $330,500 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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