For saleSingle family

$415,000

1405 Carlson Dr

Isanti MN 55040

5 beds, 3 baths, 2,496 sqft

1405 Carlson Dr is a 5 beds, 3 baths, 2,496 sqft single family home for sale at $415,000 in Isanti MN 55040. At 20% down it rents for an estimated $2,750/mo and returns -$213/mo a month at a 6.1% 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
$2,750/mo
Monthly cash flow
-$213/mo
Cap rate
6.1%
Cash-on-cash
-3.1%
Max offer
$325,000

Offer ≤ $325,000 (22% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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