For saleSingle family
$459,900
17653 County 18
Park Rapids MN 56470
4 beds, 3 baths, 2,936 sqft
17653 County 18 is a 4 beds, 3 baths, 2,936 sqft single family home for sale at $459,900 in Park Rapids MN 56470. At 20% down it rents for an estimated $1,375/mo and returns -$1,908/mo a month at a 1.7% 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
- $1,375/mo
- Monthly cash flow
- -$1,908/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.9%
- Max offer
- $164,000
Offer ≤ $164,000 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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