For saleSingle family
$424,900
2670 201st Ave NW
Oak Grove MN 55011
3 beds, 3 baths, 1,946 sqft
2670 201st Ave NW is a 3 beds, 3 baths, 1,946 sqft single family home for sale at $424,900 in Oak Grove MN 55011. At 20% down it rents for an estimated $2,500/mo and returns -$533/mo a month at a 5.2% 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
- -$533/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.5%
- Max offer
- $295,500
Offer ≤ $295,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading