Pending saleSingle family
$155,000
302 2nd Ave SE
Dilworth MN 56529
2 beds, 1 bath, 1,260 sqft
302 2nd Ave SE is a 2 beds, 1 bath, 1,260 sqft single family home pending sale at $155,000 in Dilworth MN 56529. At 20% down it rents for an estimated $875/mo and returns -$232/mo a month at a 4.9% 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
- $875/mo
- Monthly cash flow
- -$232/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -9.0%
- Max offer
- $103,500
Offer ≤ $103,500 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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