For saleSingle family

$215,000

705 SE 19th St

Brainerd MN 56401

3 beds, 2 baths, 1,186 sqft

705 SE 19th St is a 3 beds, 2 baths, 1,186 sqft single family home for sale at $215,000 in Brainerd MN 56401. At 20% down it rents for an estimated $1,800/mo and returns $265/mo a month at a 8.1% 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
$1,800/mo
Monthly cash flow
$265/mo
Cap rate
8.1%
Cash-on-cash
7.4%
Max offer
$212,000

Offer ≤ $212,000 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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