For saleSingle family
$434,900
18741 Grant St NW
Elk River MN 55330
3 beds, 2 baths, 1,647 sqft
18741 Grant St NW is a 3 beds, 2 baths, 1,647 sqft single family home for sale at $434,900 in Elk River MN 55330. At 20% down it rents for an estimated $2,075/mo and returns -$1,030/mo a month at a 3.8% 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
- $2,075/mo
- Monthly cash flow
- -$1,030/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.2%
- Max offer
- $246,000
Offer ≤ $246,000 (43% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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