For saleSingle family
$307,500
209 3rd St W
Jordan MN 55352
3 beds, 1 bath, 1,947 sqft
209 3rd St W is a 3 beds, 1 bath, 1,947 sqft single family home for sale at $307,500 in Jordan MN 55352. At 20% down it rents for an estimated $2,425/mo and returns $268/mo a month at a 7.6% 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
- $2,425/mo
- Monthly cash flow
- $268/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.2%
- Max offer
- $290,500
Offer ≤ $290,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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