For saleSingle family
$725,000
8490 Oak Rd
Saint Joseph MN 56374
5 beds, 5 baths, 4,391 sqft
8490 Oak Rd is a 5 beds, 5 baths, 4,391 sqft single family home for sale at $725,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,400/mo and returns -$2,776/mo a month at a 2.1% 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
- -$2,776/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.0%
- Max offer
- $286,000
Offer ≤ $286,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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