For saleSingle family

$377,900

37538 Greenway Ave

North Branch MN 55056

3 beds, 2 baths, 1,651 sqft

37538 Greenway Ave is a 3 beds, 2 baths, 1,651 sqft single family home for sale at $377,900 in North Branch MN 55056. At 20% down it rents for an estimated $1,850/mo and returns -$848/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
$1,850/mo
Monthly cash flow
-$848/mo
Cap rate
4.0%
Cash-on-cash
-13.5%
Max offer
$219,000

Offer ≤ $219,000 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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