For saleSingle family
$1,001,920
19929 67th Ave
Corcoran MN 55340
6 beds, 5 baths, 4,092 sqft
19929 67th Ave is a 6 beds, 5 baths, 4,092 sqft single family home for sale at $1,001,920 in Corcoran MN 55340. At 20% down it rents for an estimated $3,400/mo and returns -$3,752/mo a month at a 2.2% 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
- $3,400/mo
- Monthly cash flow
- -$3,752/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.5%
- Max offer
- $405,000
Offer ≤ $405,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading