For saleTownhouse
$240,000
5197 383rd St
North Branch MN 55056
2 beds, 2 baths, 1,141 sqft
5197 383rd St is a 2 beds, 2 baths, 1,141 sqft townhouse home for sale at $240,000 in North Branch MN 55056. At 20% down it rents for an estimated $1,650/mo and returns -$79/mo a month at a 6.3% 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
- $1,650/mo
- Monthly cash flow
- -$79/mo
- Cap rate
- 6.3%
- Cash-on-cash
- -2.0%
- Max offer
- $190,500
Offer ≤ $190,500 (21% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading