For saleSingle family
$575,000
24358 Riverbank Ln NW
Saint Francis MN 55040
5 beds, 3 baths, 3,500 sqft
24358 Riverbank Ln NW is a 5 beds, 3 baths, 3,500 sqft single family home for sale at $575,000 in Saint Francis MN 55040. At 20% down it rents for an estimated $3,100/mo and returns -$1,005/mo a month at a 4.6% 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
- $3,100/mo
- Monthly cash flow
- -$1,005/mo
- Cap rate
- 4.6%
- Cash-on-cash
- -10.5%
- Max offer
- $367,000
Offer ≤ $367,000 (36% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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