For saleSingle family
$419,000
20545 169th Ave
Park Rapids MN 56470
3 beds, 4 baths, 2,960 sqft
20545 169th Ave is a 3 beds, 4 baths, 2,960 sqft single family home for sale at $419,000 in Park Rapids MN 56470. At 20% down it rents for an estimated $1,225/mo and returns -$1,766/mo a month at a 1.6% 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
- $1,225/mo
- Monthly cash flow
- -$1,766/mo
- Cap rate
- 1.6%
- Cash-on-cash
- -25.3%
- Max offer
- $146,000
Offer ≤ $146,000 (65% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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