For saleSingle family

$449,900

1503 Woods Rd NE

Isanti MN 55040

5 beds, 3 baths, 2,263 sqft

1503 Woods Rd NE is a 5 beds, 3 baths, 2,263 sqft single family home for sale at $449,900 in Isanti MN 55040. At 20% down it rents for an estimated $2,850/mo and returns -$362/mo a month at a 5.7% 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
$2,850/mo
Monthly cash flow
-$362/mo
Cap rate
5.7%
Cash-on-cash
-4.8%
Max offer
$337,000

Offer ≤ $337,000 (25% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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