For saleSingle family
$279,500
1018 3rd St N
Sauk Rapids MN 56379
3 beds, 2 baths, 1,848 sqft
1018 3rd St N is a 3 beds, 2 baths, 1,848 sqft single family home for sale at $279,500 in Sauk Rapids MN 56379. At 20% down it rents for an estimated $1,375/mo and returns -$620/mo a month at a 4.0% 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
- $1,375/mo
- Monthly cash flow
- -$620/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.3%
- Max offer
- $163,000
Offer ≤ $163,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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