For saleSingle family
$434,990
20156 68th Ave
Corcoran MN 55340
2 beds, 2 baths, 1,559 sqft
20156 68th Ave is a 2 beds, 2 baths, 1,559 sqft single family home for sale at $434,990 in Corcoran MN 55340. At 20% down it rents for an estimated $2,150/mo and returns -$955/mo a month at a 4.0% 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
- $2,150/mo
- Monthly cash flow
- -$955/mo
- Cap rate
- 4.0%
- Cash-on-cash
- -13.2%
- Max offer
- $254,500
Offer ≤ $254,500 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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