For saleSingle family
$365,000
13530 191st Ave NW
Elk River MN 55330
4 beds, 1 bath, 2,054 sqft
13530 191st Ave NW is a 4 beds, 1 bath, 2,054 sqft single family home for sale at $365,000 in Elk River MN 55330. At 20% down it rents for an estimated $3,000/mo and returns $394/mo a month at a 8.0% 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
- $3,000/mo
- Monthly cash flow
- $394/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.5%
- Max offer
- $354,000
Offer ≤ $354,000 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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