For saleSingle family
$449,900
22865 Zion Pkwy NW
Oak Grove MN 55005
3 beds, 2 baths, 2,245 sqft
22865 Zion Pkwy NW is a 3 beds, 2 baths, 2,245 sqft single family home for sale at $449,900 in Oak Grove MN 55005. At 20% down it rents for an estimated $2,500/mo and returns -$712/mo a month at a 4.8% 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
- $2,500/mo
- Monthly cash flow
- -$712/mo
- Cap rate
- 4.8%
- Cash-on-cash
- -9.5%
- Max offer
- $296,000
Offer ≤ $296,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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