For saleSingle family

$369,900

10607 56th St NE

Albertville MN 55301

4 beds, 2 baths, 1,682 sqft

10607 56th St NE is a 4 beds, 2 baths, 1,682 sqft single family home for sale at $369,900 in Albertville MN 55301. At 20% down it rents for an estimated $2,750/mo and returns $156/mo a month at a 7.0% 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
$2,750/mo
Monthly cash flow
$156/mo
Cap rate
7.0%
Cash-on-cash
2.5%
Max offer
$329,500

Offer ≤ $329,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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