For saleSingle family
$330,000
6631 Oakwood St
Rockford MN 55373
4 beds, 2 baths, 1,948 sqft
6631 Oakwood St is a 4 beds, 2 baths, 1,948 sqft single family home for sale at $330,000 in Rockford MN 55373. At 20% down it rents for an estimated $2,400/mo and returns $85/mo a month at a 6.8% 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
- $2,400/mo
- Monthly cash flow
- $85/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $287,500
Offer ≤ $287,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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