ContingentSingle family
$549,000
351 Erkkila Rd
Esko MN 55733
4 beds, 3 baths, 2,192 sqft
351 Erkkila Rd is a 4 beds, 3 baths, 2,192 sqft single family home contingent at $549,000 in Esko MN 55733. At 20% down it rents for an estimated $2,050/mo and returns -$1,869/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
- $2,050/mo
- Monthly cash flow
- -$1,869/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.4%
- Max offer
- $243,500
Offer ≤ $243,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading