For saleSingle family

$299,000

402 Stewart Rd

Willernie MN 55090

3 beds, 1 bath, 1,550 sqft

402 Stewart Rd is a 3 beds, 1 bath, 1,550 sqft single family home for sale at $299,000 in Willernie MN 55090. At 20% down it rents for an estimated $2,975/mo and returns $878/mo a month at a 10.0% 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
$2,975/mo
Monthly cash flow
$878/mo
Cap rate
10.0%
Cash-on-cash
17.6%
Max offer
$299,000

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

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