For saleSingle family
$674,900
13480 271th Ave NW
Elk River MN 55330
4 beds, 3.5 baths, 3,072 sqft
13480 271th Ave NW is a 4 beds, 3.5 baths, 3,072 sqft single family home for sale at $674,900 in Elk River MN 55330. At 20% down it rents for an estimated $3,000/mo and returns -$1,818/mo a month at a 3.4% 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
- $3,000/mo
- Monthly cash flow
- -$1,818/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.2%
- Max offer
- $356,000
Offer ≤ $356,000 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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