For saleSingle family

$469,900

713 David Way NE

Isanti MN 55040

3 beds, 2 baths, 1,638 sqft

713 David Way NE is a 3 beds, 2 baths, 1,638 sqft single family home for sale at $469,900 in Isanti MN 55040. At 20% down it rents for an estimated $2,225/mo and returns -$1,130/mo a month at a 3.8% 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
$2,225/mo
Monthly cash flow
-$1,130/mo
Cap rate
3.8%
Cash-on-cash
-14.4%
Max offer
$263,500

Offer ≤ $263,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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