For saleSingle family
$355,900
37556 Greenway Ave
North Branch MN 55056
2 beds, 1 bath, 1,243 sqft
37556 Greenway Ave is a 2 beds, 1 bath, 1,243 sqft single family home for sale at $355,900 in North Branch MN 55056. At 20% down it rents for an estimated $1,650/mo and returns -$891/mo a month at a 3.7% 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
- -$891/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -15.0%
- Max offer
- $195,500
Offer ≤ $195,500 (45% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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