For saleSingle family
$425,000
22385 Rush Creek Dr
Corcoran MN 55374
3 beds, 3 baths, 2,137 sqft
22385 Rush Creek Dr is a 3 beds, 3 baths, 2,137 sqft single family home for sale at $425,000 in Corcoran MN 55374. At 20% down it rents for an estimated $2,600/mo and returns -$434/mo a month at a 5.4% 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
- $2,600/mo
- Monthly cash flow
- -$434/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.1%
- Max offer
- $307,500
Offer ≤ $307,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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