For saleSingle family
$110,000
318 2nd St SE
Hallock MN 56728
3 beds, 1.5 baths, 1,304 sqft
318 2nd St SE is a 3 beds, 1.5 baths, 1,304 sqft single family home for sale at $110,000 in Hallock MN 56728. At 20% down it rents for an estimated $900/mo and returns $128/mo a month at a 7.9% 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
- $900/mo
- Monthly cash flow
- $128/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 7.0%
- Max offer
- $107,500
Offer ≤ $107,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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