For saleSingle family
$339,000
11810 191 1/2 Ave NW
Elk River MN 55330
3 beds, 2 baths, 1,692 sqft
11810 191 1/2 Ave NW is a 3 beds, 2 baths, 1,692 sqft single family home for sale at $339,000 in Elk River MN 55330. At 20% down it rents for an estimated $2,075/mo and returns -$345/mo a month at a 5.4% 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
- $2,075/mo
- Monthly cash flow
- -$345/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.1%
- Max offer
- $245,500
Offer ≤ $245,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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