For saleSingle family

$599,000

24414 Perrin Pt

Nisswa MN 56468

3 beds, 2 baths, 1,517 sqft

24414 Perrin Pt is a 3 beds, 2 baths, 1,517 sqft single family home for sale at $599,000 in Nisswa MN 56468. At 20% down it rents for an estimated $1,650/mo and returns -$2,626/mo a month at a 1.4% 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
$1,650/mo
Monthly cash flow
-$2,626/mo
Cap rate
1.4%
Cash-on-cash
-26.3%
Max offer
$197,000

Offer ≤ $197,000 (67% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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