For saleSingle family
$585,000
31473 Marvin Ave
Lindstrom MN 55045
4 beds, 3 baths, 2,566 sqft
31473 Marvin Ave is a 4 beds, 3 baths, 2,566 sqft single family home for sale at $585,000 in Lindstrom MN 55045. At 20% down it rents for an estimated $1,775/mo and returns -$2,401/mo a month at a 1.7% 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
- $1,775/mo
- Monthly cash flow
- -$2,401/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.6%
- Max offer
- $211,500
Offer ≤ $211,500 (64% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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