For saleSingle family
$605,000
2016 Forest Ct
Saint Cloud MN 56303
3 beds, 2.5 baths, 1,943 sqft
2016 Forest Ct is a 3 beds, 2.5 baths, 1,943 sqft single family home for sale at $605,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $1,025/mo and returns -$3,294/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
- $1,025/mo
- Monthly cash flow
- -$3,294/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.7%
- Max offer
- $124,000
Offer ≤ $124,000 (80% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading