For saleSingle family
$359,900
37553 Greenway Ave
North Branch MN 55056
3 beds, 2 baths, 1,345 sqft
37553 Greenway Ave is a 3 beds, 2 baths, 1,345 sqft single family home for sale at $359,900 in North Branch MN 55056. At 20% down it rents for an estimated $1,850/mo and returns -$719/mo a month at a 4.3% 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
- $1,850/mo
- Monthly cash flow
- -$719/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $219,000
Offer ≤ $219,000 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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