For saleSingle family
$317,000
718 Polk St
Anoka MN 55303
3 beds, 4 baths, 2,297 sqft
718 Polk St is a 3 beds, 4 baths, 2,297 sqft single family home for sale at $317,000 in Anoka MN 55303. At 20% down it rents for an estimated $1,800/mo and returns -$463/mo a month at a 4.9% 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
- $1,800/mo
- Monthly cash flow
- -$463/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.8%
- Max offer
- $213,000
Offer ≤ $213,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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