For saleSingle family
$234,900
1320 Atlantic Ave
Benson MN 56215
2 beds, 2 baths, 6,350 sqft
1320 Atlantic Ave is a 2 beds, 2 baths, 6,350 sqft single family home for sale at $234,900 in Benson MN 56215. At 20% down it rents for an estimated $1,100/mo and returns -$577/mo a month at a 3.7% 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
- $1,100/mo
- Monthly cash flow
- -$577/mo
- Cap rate
- 3.7%
- Cash-on-cash
- -14.7%
- Max offer
- $130,500
Offer ≤ $130,500 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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