For saleSingle family
$475,000
10040 Twin Lakes Pkwy NW
Elk River MN 55330
5 beds, 3 baths, 2,826 sqft
10040 Twin Lakes Pkwy NW is a 5 beds, 3 baths, 2,826 sqft single family home for sale at $475,000 in Elk River MN 55330. At 20% down it rents for an estimated $2,725/mo and returns -$666/mo a month at a 5.0% 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
- $2,725/mo
- Monthly cash flow
- -$666/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.4%
- Max offer
- $322,500
Offer ≤ $322,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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