ContingentSingle family

$410,000

11170 68th St NE

Albertville MN 55301

3 beds, 3 baths, 2,512 sqft

11170 68th St NE is a 3 beds, 3 baths, 2,512 sqft single family home contingent at $410,000 in Albertville MN 55301. At 20% down it rents for an estimated $2,300/mo and returns -$627/mo a month at a 4.8% 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
$2,300/mo
Monthly cash flow
-$627/mo
Cap rate
4.8%
Cash-on-cash
-9.2%
Max offer
$272,000

Offer ≤ $272,000 (34% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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