For saleSingle family
$503,080
18508 Lincoln St NW
Elk River MN 55330
4 beds, 3 baths, 2,271 sqft
18508 Lincoln St NW is a 4 beds, 3 baths, 2,271 sqft single family home for sale at $503,080 in Elk River MN 55330. At 20% down it rents for an estimated $2,450/mo and returns -$1,141/mo a month at a 3.9% 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
- $2,450/mo
- Monthly cash flow
- -$1,141/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.6%
- Max offer
- $290,500
Offer ≤ $290,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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