For saleSingle family

$614,900

22855 171st St NW

Big Lake MN 55309

4 beds, 4 baths, 3,115 sqft

22855 171st St NW is a 4 beds, 4 baths, 3,115 sqft single family home for sale at $614,900 in Big Lake MN 55309. At 20% down it rents for an estimated $2,175/mo and returns -$2,215/mo a month at a 2.3% 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
$2,175/mo
Monthly cash flow
-$2,215/mo
Cap rate
2.3%
Cash-on-cash
-21.6%
Max offer
$259,000

Offer ≤ $259,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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