For saleSingle family

$325,000

2752 197th St W

Empire MN 55024

3 beds, 2 baths, 1,177 sqft

2752 197th St W is a 3 beds, 2 baths, 1,177 sqft single family home for sale at $325,000 in Empire MN 55024. At 20% down it rents for an estimated $2,300/mo and returns $21/mo a month at a 6.6% 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
$2,300/mo
Monthly cash flow
$21/mo
Cap rate
6.6%
Cash-on-cash
0.4%
Max offer
$275,500

Offer ≤ $275,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.