For saleSingle family

$265,000

104 Spring St

Kenyon MN 55946

4 beds, 1.5 baths, 2,125 sqft

104 Spring St is a 4 beds, 1.5 baths, 2,125 sqft single family home for sale at $265,000 in Kenyon MN 55946. At 20% down it rents for an estimated $1,900/mo and returns $41/mo a month at a 6.7% 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
$1,900/mo
Monthly cash flow
$41/mo
Cap rate
6.7%
Cash-on-cash
0.9%
Max offer
$227,500

Offer ≤ $227,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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