For saleSingle family
$850,000
74 County Road 60
Grand Marais MN 55604
4 beds, 3 baths, 3,492 sqft
74 County Road 60 is a 4 beds, 3 baths, 3,492 sqft single family home for sale at $850,000 in Grand Marais MN 55604. At 20% down it rents for an estimated $1,450/mo and returns -$4,618/mo a month at a 0.1% 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
- $1,450/mo
- Monthly cash flow
- -$4,618/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.6%
- Max offer
- $175,500
Offer ≤ $175,500 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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