For saleSingle family
$615,000
14176 Eagle Pointe Dr
Park Rapids MN 56470
3 beds, 3 baths, 3,347 sqft
14176 Eagle Pointe Dr is a 3 beds, 3 baths, 3,347 sqft single family home for sale at $615,000 in Park Rapids MN 56470. At 20% down it rents for an estimated $1,225/mo and returns -$3,165/mo a month at a 0.5% 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
- $1,225/mo
- Monthly cash flow
- -$3,165/mo
- Cap rate
- 0.5%
- Cash-on-cash
- -30.9%
- Max offer
- $147,500
Offer ≤ $147,500 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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