For saleSingle family
$359,900
1578 18th St NE
Sauk Rapids MN 56379
4 beds, 3 baths, 2,442 sqft
1578 18th St NE is a 4 beds, 3 baths, 2,442 sqft single family home for sale at $359,900 in Sauk Rapids MN 56379. At 20% down it rents for an estimated $1,800/mo and returns -$769/mo a month at a 4.1% 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
- $1,800/mo
- Monthly cash flow
- -$769/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $213,000
Offer ≤ $213,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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