For saleSingle family
$400,000
1234 Mill Creek Cir
Saint Cloud MN 56303
5 beds, 3.5 baths, 3,432 sqft
1234 Mill Creek Cir is a 5 beds, 3.5 baths, 3,432 sqft single family home for sale at $400,000 in Saint Cloud MN 56303. At 20% down it rents for an estimated $2,025/mo and returns -$831/mo a month at a 4.2% 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
- $2,025/mo
- Monthly cash flow
- -$831/mo
- Cap rate
- 4.2%
- Cash-on-cash
- -12.5%
- Max offer
- $240,000
Offer ≤ $240,000 (40% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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