For saleSingle family
$574,860
20165 68th Ave
Corcoran MN 55340
2 beds, 2 baths, 1,601 sqft
20165 68th Ave is a 2 beds, 2 baths, 1,601 sqft single family home for sale at $574,860 in Corcoran MN 55340. At 20% down it rents for an estimated $2,150/mo and returns -$1,954/mo a month at a 2.6% 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
- $2,150/mo
- Monthly cash flow
- -$1,954/mo
- Cap rate
- 2.6%
- Cash-on-cash
- -20.4%
- Max offer
- $255,500
Offer ≤ $255,500 (56% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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