For saleSingle family
$350,000
709 Greenwood St SW
Isanti MN 55040
3 beds, 2 baths, 1,340 sqft
709 Greenwood St SW is a 3 beds, 2 baths, 1,340 sqft single family home for sale at $350,000 in Isanti MN 55040. At 20% down it rents for an estimated $2,225/mo and returns -$274/mo a month at a 5.7% 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
- $2,225/mo
- Monthly cash flow
- -$274/mo
- Cap rate
- 5.7%
- Cash-on-cash
- -4.7%
- Max offer
- $263,000
Offer ≤ $263,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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