For saleSingle family
$368,000
11353 54 1/2 St NE
Albertville MN 55301
4 beds, 2 baths, 2,108 sqft
11353 54 1/2 St NE is a 4 beds, 2 baths, 2,108 sqft single family home for sale at $368,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,575/mo and returns -$52/mo a month at a 6.5% 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
- $2,575/mo
- Monthly cash flow
- -$52/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $304,000
Offer ≤ $304,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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