For saleSingle family
$99,900
2540 Diane Ln
Grand Rapids MN 55744
2 beds, 1 bath, 1,456 sqft
2540 Diane Ln is a 2 beds, 1 bath, 1,456 sqft single family home for sale at $99,900 in Grand Rapids MN 55744. At 20% down it rents for an estimated $1,750/mo and returns $1,037/mo a month at a 19.1% 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
- $1,750/mo
- Monthly cash flow
- $1,037/mo
- Cap rate
- 19.1%
- Cash-on-cash
- 62.3%
- Max offer
- $99,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading