For saleSingle family
$325,000
15910 Grunwald Ave NW
Clearwater MN 55320
4 beds, 2 baths, 1,658 sqft
15910 Grunwald Ave NW is a 4 beds, 2 baths, 1,658 sqft single family home for sale at $325,000 in Clearwater MN 55320. At 20% down it rents for an estimated $1,450/mo and returns -$870/mo a month at a 3.5% 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
- $1,450/mo
- Monthly cash flow
- -$870/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -16.1%
- Max offer
- $172,000
Offer ≤ $172,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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