For saleSingle family
$574,900
40687 340th Ln
Aitkin MN 56431
3 beds, 2 baths, 1,760 sqft
40687 340th Ln is a 3 beds, 2 baths, 1,760 sqft single family home for sale at $574,900 in Aitkin MN 56431. At 20% down it rents for an estimated $1,300/mo and returns -$2,804/mo a month at a 0.8% 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
- $1,300/mo
- Monthly cash flow
- -$2,804/mo
- Cap rate
- 0.8%
- Cash-on-cash
- -29.3%
- Max offer
- $156,000
Offer ≤ $156,000 (73% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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