For saleSingle family
$299,900
2028 Nelson Dr
Thief River Falls MN 56701
4 beds, 2 baths, 1,920 sqft
2028 Nelson Dr is a 4 beds, 2 baths, 1,920 sqft single family home for sale at $299,900 in Thief River Falls MN 56701. At 20% down it rents for an estimated $1,050/mo and returns -$1,091/mo a month at a 2.3% 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
- $1,050/mo
- Monthly cash flow
- -$1,091/mo
- Cap rate
- 2.3%
- Cash-on-cash
- -21.8%
- Max offer
- $125,000
Offer ≤ $125,000 (58% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading