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 $1,250/mo and returns $186/mo a month at a 8.2% 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
$186/mo
Cap rate
8.2%
Cash-on-cash
7.5%
Max offer
$147,500

Offer ≤ $147,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading