For saleSingle family
$220,000
1505 Scenic Dr NW
Sauk Rapids MN 56379
4 beds, 2 baths, 2,128 sqft
1505 Scenic Dr NW is a 4 beds, 2 baths, 2,128 sqft single family home for sale at $220,000 in Sauk Rapids MN 56379. At 20% down it rents for an estimated $2,100/mo and returns $529/mo a month at a 9.6% 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
- $2,100/mo
- Monthly cash flow
- $529/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.4%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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