For saleSingle family

$315,000

223 Heritage Blvd NW

Isanti MN 55040

5 beds, 3 baths, 2,223 sqft

223 Heritage Blvd NW is a 5 beds, 3 baths, 2,223 sqft single family home for sale at $315,000 in Isanti MN 55040. At 20% down it rents for an estimated $2,750/mo and returns $501/mo a month at a 8.6% 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
$2,750/mo
Monthly cash flow
$501/mo
Cap rate
8.6%
Cash-on-cash
9.5%
Max offer
$315,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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