For saleSingle family
$229,900
1415 S 6th St
Brainerd MN 56401
4 beds, 2 baths, 1,284 sqft
1415 S 6th St is a 4 beds, 2 baths, 1,284 sqft single family home for sale at $229,900 in Brainerd MN 56401. At 20% down it rents for an estimated $1,800/mo and returns $188/mo a month at a 7.5% 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
- $1,800/mo
- Monthly cash flow
- $188/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.9%
- Max offer
- $215,500
Offer ≤ $215,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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