For saleSingle family
$510,000
3475 191st Ln NW
Oak Grove MN 55303
3 beds, 3 baths, 3,022 sqft
3475 191st Ln NW is a 3 beds, 3 baths, 3,022 sqft single family home for sale at $510,000 in Oak Grove MN 55303. At 20% down it rents for an estimated $1,875/mo and returns -$1,766/mo a month at a 2.5% 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
- $1,875/mo
- Monthly cash flow
- -$1,766/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.8%
- Max offer
- $223,000
Offer ≤ $223,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading