For saleSingle family
$329,900
2452 Deschepper Dr
Grand Rapids MN 55744
4 beds, 2 baths, 2,072 sqft
2452 Deschepper Dr is a 4 beds, 2 baths, 2,072 sqft single family home for sale at $329,900 in Grand Rapids MN 55744. At 20% down it rents for an estimated $2,550/mo and returns $195/mo a month at a 7.4% 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
- $2,550/mo
- Monthly cash flow
- $195/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.5%
- Max offer
- $301,000
Offer ≤ $301,000 (9% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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