For saleSingle family
$270,000
931 Nicollet Ave
Big Lake MN 55309
4 beds, 2 baths, 1,555 sqft
931 Nicollet Ave is a 4 beds, 2 baths, 1,555 sqft single family home for sale at $270,000 in Big Lake MN 55309. At 20% down it rents for an estimated $2,350/mo and returns $423/mo a month at a 8.5% 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
- $2,350/mo
- Monthly cash flow
- $423/mo
- Cap rate
- 8.5%
- Cash-on-cash
- 9.4%
- Max offer
- $270,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading