For saleSingle family
$1,400,000
1020 Centennial Dr
Thief River Falls MN 56701
6 beds, 3.5 baths, 13,261 sqft
1020 Centennial Dr is a 6 beds, 3.5 baths, 13,261 sqft single family home for sale at $1,400,000 in Thief River Falls MN 56701. At 20% down it rents for an estimated $1,200/mo and returns -$8,794/mo a month at a -0.9% 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
- $1,200/mo
- Monthly cash flow
- -$8,794/mo
- Cap rate
- -0.9%
- Cash-on-cash
- -37.7%
- Max offer
- $145,000
Offer ≤ $145,000 (90% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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