For saleSingle family
$159,000
38897 Okinawa St NE
Stanchfield MN 55080
3 beds, 1 bath, 1,392 sqft
38897 Okinawa St NE is a 3 beds, 1 bath, 1,392 sqft single family home for sale at $159,000 in Stanchfield MN 55080. At 20% down it rents for an estimated $1,600/mo and returns $465/mo a month at a 10.2% 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
- $1,600/mo
- Monthly cash flow
- $465/mo
- Cap rate
- 10.2%
- Cash-on-cash
- 17.5%
- Max offer
- $159,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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