For saleSingle family

$199,999

1606 Greeley Ave N

Glencoe MN 55336

4 beds, 2.5 baths, 2,789 sqft

1606 Greeley Ave N is a 4 beds, 2.5 baths, 2,789 sqft single family home for sale at $199,999 in Glencoe MN 55336. At 20% down it rents for an estimated $3,025/mo and returns $1,622/mo a month at a 16.3% 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
$3,025/mo
Monthly cash flow
$1,622/mo
Cap rate
16.3%
Cash-on-cash
48.7%
Max offer
$199,999

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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