For saleSingle family
$450,000
22393 167th St NW
Big Lake MN 55309
3 beds, 3 baths, 1,890 sqft
22393 167th St NW is a 3 beds, 3 baths, 1,890 sqft single family home for sale at $450,000 in Big Lake MN 55309. At 20% down it rents for an estimated $1,950/mo and returns -$1,262/mo a month at a 3.3% 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
- $1,950/mo
- Monthly cash flow
- -$1,262/mo
- Cap rate
- 3.3%
- Cash-on-cash
- -16.8%
- Max offer
- $231,500
Offer ≤ $231,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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