For saleSingle family
$599,900
5565 NE River Rd
Sauk Rapids MN 56379
4 beds, 3 baths, 3,137 sqft
5565 NE River Rd is a 4 beds, 3 baths, 3,137 sqft single family home for sale at $599,900 in Sauk Rapids MN 56379. At 20% down it rents for an estimated $2,100/mo and returns -$2,183/mo a month at a 2.3% 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
- -$2,183/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.8%
- Max offer
- $250,000
Offer ≤ $250,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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