For saleSingle family

$84,900

301 Main St W

Clarks Grove MN 56016

2 beds, 2 baths, 1,238 sqft

301 Main St W is a 2 beds, 2 baths, 1,238 sqft single family home for sale at $84,900 in Clarks Grove MN 56016. At 20% down it rents for an estimated $950/mo and returns $355/mo a month at a 11.5% 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
$950/mo
Monthly cash flow
$355/mo
Cap rate
11.5%
Cash-on-cash
25.1%
Max offer
$84,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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