For saleSingle family
$399,900
5517 Loganberry Cir
Rice MN 56367
5 beds, 2 baths, 2,494 sqft
5517 Loganberry Cir is a 5 beds, 2 baths, 2,494 sqft single family home for sale at $399,900 in Rice MN 56367. At 20% down it rents for an estimated $2,400/mo and returns -$455/mo a month at a 5.3% 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
- $2,400/mo
- Monthly cash flow
- -$455/mo
- Cap rate
- 5.3%
- Cash-on-cash
- -6.8%
- Max offer
- $284,000
Offer ≤ $284,000 (29% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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