For saleTownhouse

$240,000

17173 Monroe St NW

Elk River MN 55330

3 beds, 1.5 baths, 1,795 sqft

17173 Monroe St NW is a 3 beds, 1.5 baths, 1,795 sqft townhouse home for sale at $240,000 in Elk River MN 55330. At 20% down it rents for an estimated $2,100/mo and returns $327/mo a month at a 8.2% 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
$2,100/mo
Monthly cash flow
$327/mo
Cap rate
8.2%
Cash-on-cash
8.2%
Max offer
$240,000

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

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