For saleSingle family
$649,900
3864 222nd Ln NW
Oak Grove MN 55011
3 beds, 2 baths, 1,628 sqft
3864 222nd Ln NW is a 3 beds, 2 baths, 1,628 sqft single family home for sale at $649,900 in Oak Grove MN 55011. At 20% down it rents for an estimated $2,500/mo and returns -$2,139/mo a month at a 2.7% 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
- $2,500/mo
- Monthly cash flow
- -$2,139/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.8%
- Max offer
- $297,000
Offer ≤ $297,000 (54% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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