For saleSingle family
$217,000
516 Graceview Loop
Saint Joseph MN 56374
2 beds, 1.5 baths, 1,385 sqft
516 Graceview Loop is a 2 beds, 1.5 baths, 1,385 sqft single family home for sale at $217,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $1,750/mo and returns $201/mo a month at a 7.8% 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
- $1,750/mo
- Monthly cash flow
- $201/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 5.6%
- Max offer
- $206,500
Offer ≤ $206,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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