For saleSingle family
$639,900
36571 Elk Ave
North Branch MN 55056
4 beds, 4 baths, 3,855 sqft
36571 Elk Ave is a 4 beds, 4 baths, 3,855 sqft single family home for sale at $639,900 in North Branch MN 55056. At 20% down it rents for an estimated $2,050/mo and returns -$2,518/mo a month at a 1.9% 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
- $2,050/mo
- Monthly cash flow
- -$2,518/mo
- Cap rate
- 1.9%
- Cash-on-cash
- -23.6%
- Max offer
- $244,500
Offer ≤ $244,500 (62% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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