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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