For saleSingle family
$398,900
34835 396th Pl
Aitkin MN 56431
3 beds, 2 baths, 1,056 sqft
34835 396th Pl is a 3 beds, 2 baths, 1,056 sqft single family home for sale at $398,900 in Aitkin MN 56431. At 20% down it rents for an estimated $1,300/mo and returns -$1,548/mo a month at a 2.0% 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
- $1,300/mo
- Monthly cash flow
- -$1,548/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.3%
- Max offer
- $155,000
Offer ≤ $155,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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