For saleSingle family

$315,000

808 3rd Ave SW

Isanti MN 55040

4 beds, 2 baths, 1,743 sqft

808 3rd Ave SW is a 4 beds, 2 baths, 1,743 sqft single family home for sale at $315,000 in Isanti MN 55040. At 20% down it rents for an estimated $2,475/mo and returns $226/mo a month at a 7.5% 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
$2,475/mo
Monthly cash flow
$226/mo
Cap rate
7.5%
Cash-on-cash
4.3%
Max offer
$292,000

Offer ≤ $292,000 (7% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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