Pending saleSingle family
$626,795
543 Tulare Ter
Newport MN 55055
2 beds, 2.5 baths, 2,494 sqft
543 Tulare Ter is a 2 beds, 2.5 baths, 2,494 sqft single family home pending sale at $626,795 in Newport MN 55055. At 20% down it rents for an estimated $1,300/mo and returns -$3,175/mo a month at a 0.6% 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
- $1,300/mo
- Monthly cash flow
- -$3,175/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.4%
- Max offer
- $156,500
Offer ≤ $156,500 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading