For saleTownhouse
$259,900
17157 Polk Dr NW
Elk River MN 55330
3 beds, 1.5 baths, 1,527 sqft
17157 Polk Dr NW is a 3 beds, 1.5 baths, 1,527 sqft townhouse home for sale at $259,900 in Elk River MN 55330. At 20% down it rents for an estimated $2,100/mo and returns $37/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
- $2,100/mo
- Monthly cash flow
- $37/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.9%
- Max offer
- $220,500
Offer ≤ $220,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.