Pending saleSingle family
$529,900
8870 Burton Pl NW
Rice MN 56367
3 beds, 3.5 baths, 3,100 sqft
8870 Burton Pl NW is a 3 beds, 3.5 baths, 3,100 sqft single family home pending sale at $529,900 in Rice MN 56367. At 20% down it rents for an estimated $1,250/mo and returns -$2,533/mo a month at a 0.9% 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
- $1,250/mo
- Monthly cash flow
- -$2,533/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.7%
- Max offer
- $150,000
Offer ≤ $150,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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