For saleSingle family
$114,900
406 12th St S
Benson MN 56215
4 beds, 1.5 baths, 1,412 sqft
406 12th St S is a 4 beds, 1.5 baths, 1,412 sqft single family home for sale at $114,900 in Benson MN 56215. At 20% down it rents for an estimated $1,400/mo and returns $580/mo a month at a 12.7% 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
- $1,400/mo
- Monthly cash flow
- $580/mo
- Cap rate
- 12.7%
- Cash-on-cash
- 30.3%
- Max offer
- $114,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading