For saleSingle family
$849,990
19961 67th Ave
Corcoran MN 55340
4 beds, 4 baths, 3,328 sqft
19961 67th Ave is a 4 beds, 4 baths, 3,328 sqft single family home for sale at $849,990 in Corcoran MN 55340. At 20% down it rents for an estimated $2,800/mo and returns -$3,268/mo a month at a 2.1% 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
- $2,800/mo
- Monthly cash flow
- -$3,268/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -23.1%
- Max offer
- $333,500
Offer ≤ $333,500 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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