For saleSingle family
$389,900
15573 209th Ave NW
Elk River MN 55330
5 beds, 1 bath, 1,248 sqft
15573 209th Ave NW is a 5 beds, 1 bath, 1,248 sqft single family home for sale at $389,900 in Elk River MN 55330. At 20% down it rents for an estimated $3,350/mo and returns $567/mo a month at a 8.4% 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
- $3,350/mo
- Monthly cash flow
- $567/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 8.7%
- Max offer
- $389,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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