For saleTownhouse
$309,900
18271 Kent St NW
Elk River MN 55330
2 beds, 2 baths, 1,454 sqft
18271 Kent St NW is a 2 beds, 2 baths, 1,454 sqft townhouse home for sale at $309,900 in Elk River MN 55330. At 20% down it rents for an estimated $1,300/mo and returns -$1,100/mo a month at a 2.4% 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
- $1,300/mo
- Monthly cash flow
- -$1,100/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.3%
- Max offer
- $122,000
Offer ≤ $122,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading