For saleSingle family
$342,500
1125 Homewood Dr
Benson MN 56215
3 beds, 3 baths, 2,226 sqft
1125 Homewood Dr is a 3 beds, 3 baths, 2,226 sqft single family home for sale at $342,500 in Benson MN 56215. At 20% down it rents for an estimated $1,250/mo and returns -$1,195/mo a month at a 2.5% 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
- $1,250/mo
- Monthly cash flow
- -$1,195/mo
- Cap rate
- 2.5%
- Cash-on-cash
- -20.9%
- Max offer
- $148,500
Offer ≤ $148,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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