For saleSingle family
$399,000
10284 Saint Mathias Rd
Brainerd MN 56401
3 beds, 3 baths, 1,425 sqft
10284 Saint Mathias Rd is a 3 beds, 3 baths, 1,425 sqft single family home for sale at $399,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,800/mo and returns -$1,048/mo a month at a 3.5% 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
- -$1,048/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.8%
- Max offer
- $213,500
Offer ≤ $213,500 (46% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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