For saleSingle family
$275,000
2910 Stoeke Dr
Grand Rapids MN 55744
5 beds, 2 baths, 2,242 sqft
2910 Stoeke Dr is a 5 beds, 2 baths, 2,242 sqft single family home for sale at $275,000 in Grand Rapids MN 55744. At 20% down it rents for an estimated $3,150/mo and returns $1,221/mo a month at a 11.8% 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
- $3,150/mo
- Monthly cash flow
- $1,221/mo
- Cap rate
- 11.8%
- Cash-on-cash
- 26.6%
- Max offer
- $275,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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