For saleSingle family
$309,900
5412 Loganberry Cir
Rice MN 56367
4 beds, 2 baths, 1,657 sqft
5412 Loganberry Cir is a 4 beds, 2 baths, 1,657 sqft single family home for sale at $309,900 in Rice MN 56367. At 20% down it rents for an estimated $2,100/mo and returns -$112/mo a month at a 6.2% 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
- -$112/mo
- Cap rate
- 6.2%
- Cash-on-cash
- -2.2%
- Max offer
- $248,000
Offer ≤ $248,000 (20% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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