Pending saleSingle family
$621,135
547 Tulare Ter
Newport MN 55055
2 beds, 2 baths, 1,892 sqft
547 Tulare Ter is a 2 beds, 2 baths, 1,892 sqft single family home pending sale at $621,135 in Newport MN 55055. At 20% down it rents for an estimated $1,575/mo and returns -$2,859/mo a month at a 1.1% 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
- $1,575/mo
- Monthly cash flow
- -$2,859/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.6%
- Max offer
- $188,500
Offer ≤ $188,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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