For saleSingle family
$210,000
19 W Higbie Ave
Minnesota Lake MN 56068
4 beds, 1.5 baths, 2,688 sqft
19 W Higbie Ave is a 4 beds, 1.5 baths, 2,688 sqft single family home for sale at $210,000 in Minnesota Lake MN 56068. At 20% down it rents for an estimated $1,725/mo and returns $252/mo a month at a 8.0% 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
- $1,725/mo
- Monthly cash flow
- $252/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.2%
- Max offer
- $206,500
Offer ≤ $206,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.