For saleSingle family
$665,000
3968 221st Ln NW
Oak Grove MN 55303
4 beds, 2.5 baths, 2,354 sqft
3968 221st Ln NW is a 4 beds, 2.5 baths, 2,354 sqft single family home for sale at $665,000 in Oak Grove MN 55303. At 20% down it rents for an estimated $2,800/mo and returns -$1,947/mo a month at a 3.2% 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
- $2,800/mo
- Monthly cash flow
- -$1,947/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.6%
- Max offer
- $332,500
Offer ≤ $332,500 (50% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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