For saleSingle family
$785,000
1747 198th St NW
Oak Grove MN 55011
5 beds, 3.5 baths, 3,160 sqft
1747 198th St NW is a 5 beds, 3.5 baths, 3,160 sqft single family home for sale at $785,000 in Oak Grove MN 55011. At 20% down it rents for an estimated $3,100/mo and returns -$2,504/mo a month at a 2.8% 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
- $3,100/mo
- Monthly cash flow
- -$2,504/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.1%
- Max offer
- $368,500
Offer ≤ $368,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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