For saleSingle family
$419,900
9853 187th Ln NW
Elk River MN 55330
3 beds, 2 baths, 1,788 sqft
9853 187th Ln NW is a 3 beds, 2 baths, 1,788 sqft single family home for sale at $419,900 in Elk River MN 55330. At 20% down it rents for an estimated $2,075/mo and returns -$923/mo a month at a 4.0% 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
- $2,075/mo
- Monthly cash flow
- -$923/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.2%
- Max offer
- $246,000
Offer ≤ $246,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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