For saleSingle family
$209,900
538 Jackson Ave NW
Elk River MN 55330
2 beds, 1 bath, 866 sqft
538 Jackson Ave NW is a 2 beds, 1 bath, 866 sqft single family home for sale at $209,900 in Elk River MN 55330. At 20% down it rents for an estimated $1,725/mo and returns $253/mo a month at a 8.0% 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
- $1,725/mo
- Monthly cash flow
- $253/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.2%
- Max offer
- $206,500
Offer ≤ $206,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.