For saleSingle family
$359,900
520 SW 5th Ave
Grand Rapids MN 55744
7 beds, 2 baths, 3,792 sqft
520 SW 5th Ave is a 7 beds, 2 baths, 3,792 sqft single family home for sale at $359,900 in Grand Rapids MN 55744. At 20% down it rents for an estimated $3,175/mo and returns $606/mo a month at a 8.7% 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
- $3,175/mo
- Monthly cash flow
- $606/mo
- Cap rate
- 8.7%
- Cash-on-cash
- 10.1%
- Max offer
- $359,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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