For saleSingle family
$309,000
19144 Cleary Rd NW
Nowthen MN 55303
4 beds, 2 baths, 2,613 sqft
19144 Cleary Rd NW is a 4 beds, 2 baths, 2,613 sqft single family home for sale at $309,000 in Nowthen MN 55303. At 20% down it rents for an estimated $2,950/mo and returns $744/mo a month at a 9.6% 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
- $2,950/mo
- Monthly cash flow
- $744/mo
- Cap rate
- 9.6%
- Cash-on-cash
- 14.4%
- Max offer
- $309,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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