Pending saleSingle family
$480,000
8234 257th St
Chisago City MN 55013
4 beds, 2.5 baths, 2,336 sqft
8234 257th St is a 4 beds, 2.5 baths, 2,336 sqft single family home pending sale at $480,000 in Chisago City MN 55013. At 20% down it rents for an estimated $2,400/mo and returns -$1,027/mo a month at a 4.1% 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
- $2,400/mo
- Monthly cash flow
- -$1,027/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $284,500
Offer ≤ $284,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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