For saleTownhouse
$300,900
5368 397th St
North Branch MN 55056
3 beds, 2 baths, 1,176 sqft
5368 397th St is a 3 beds, 2 baths, 1,176 sqft townhouse home for sale at $300,900 in North Branch MN 55056. At 20% down it rents for an estimated $1,850/mo and returns -$285/mo a month at a 5.5% 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
- $1,850/mo
- Monthly cash flow
- -$285/mo
- Cap rate
- 5.5%
- Cash-on-cash
- -5.7%
- Max offer
- $215,500
Offer ≤ $215,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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