For saleSingle family
$924,995
3618 201st Ave NW
Oak Grove MN 55303
3 beds, 3 baths, 2,548 sqft
3618 201st Ave NW is a 3 beds, 3 baths, 2,548 sqft single family home for sale at $924,995 in Oak Grove MN 55303. At 20% down it rents for an estimated $2,500/mo and returns -$4,103/mo a month at a 1.3% 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
- $2,500/mo
- Monthly cash flow
- -$4,103/mo
- Cap rate
- 1.3%
- Cash-on-cash
- -26.6%
- Max offer
- $299,000
Offer ≤ $299,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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