For saleSingle family
$495,000
9569 291st Ave NE
North Branch MN 55056
3 beds, 2 baths, 1,961 sqft
9569 291st Ave NE is a 3 beds, 2 baths, 1,961 sqft single family home for sale at $495,000 in North Branch MN 55056. At 20% down it rents for an estimated $1,850/mo and returns -$1,684/mo a month at a 2.6% 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
- $1,850/mo
- Monthly cash flow
- -$1,684/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.4%
- Max offer
- $220,000
Offer ≤ $220,000 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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