For saleSingle family

$149,000

313 11th St S

Benson MN 56215

3 beds, 2 baths, 1,404 sqft

313 11th St S is a 3 beds, 2 baths, 1,404 sqft single family home for sale at $149,000 in Benson MN 56215. At 20% down it rents for an estimated $1,275/mo and returns $230/mo a month at a 8.4% 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
$1,275/mo
Monthly cash flow
$230/mo
Cap rate
8.4%
Cash-on-cash
9.3%
Max offer
$149,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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