For saleSingle family
$624,900
Quarterdeck Resort 9839 Adventure Way SW # 405
Nisswa MN 56468
2 beds, 2 baths, 1,200 sqft
Quarterdeck Resort 9839 Adventure Way SW # 405 is a 2 beds, 2 baths, 1,200 sqft single family home for sale at $624,900 in Nisswa MN 56468. At 20% down it rents for an estimated $1,450/mo and returns -$3,011/mo a month at a 0.9% 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
- $1,450/mo
- Monthly cash flow
- -$3,011/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.9%
- Max offer
- $174,000
Offer ≤ $174,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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