For saleSingle family
$289,000
113 Parke Ave S
Glyndon MN 56547
4 beds, 1 bath, 1,848 sqft
113 Parke Ave S is a 4 beds, 1 bath, 1,848 sqft single family home for sale at $289,000 in Glyndon MN 56547. At 20% down it rents for an estimated $2,300/mo and returns $237/mo a month at a 7.7% 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
- $2,300/mo
- Monthly cash flow
- $237/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 4.9%
- Max offer
- $271,500
Offer ≤ $271,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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