For saleSingle family
$335,000
18598 Queen St NW
Elk River MN 55330
4 beds, 2 baths, 1,895 sqft
18598 Queen St NW is a 4 beds, 2 baths, 1,895 sqft single family home for sale at $335,000 in Elk River MN 55330. At 20% down it rents for an estimated $3,500/mo and returns $1,150/mo a month at a 10.6% 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
- $3,500/mo
- Monthly cash flow
- $1,150/mo
- Cap rate
- 10.6%
- Cash-on-cash
- 20.6%
- Max offer
- $335,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.