For saleSingle family
$469,900
19408 Albany Ct NW
Elk River MN 55330
5 beds, 3.5 baths, 2,335 sqft
19408 Albany Ct NW is a 5 beds, 3.5 baths, 2,335 sqft single family home for sale at $469,900 in Elk River MN 55330. At 20% down it rents for an estimated $3,350/mo and returns -$5/mo a month at a 6.7% 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
- $3,350/mo
- Monthly cash flow
- -$5/mo
- Cap rate
- 6.7%
- Cash-on-cash
- -0.1%
- Max offer
- $395,500
Offer ≤ $395,500 (16% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading