For saleSingle family
$215,900
411 16th St S
Benson MN 56215
3 beds, 2 baths, 1,606 sqft
411 16th St S is a 3 beds, 2 baths, 1,606 sqft single family home for sale at $215,900 in Benson MN 56215. At 20% down it rents for an estimated $1,250/mo and returns -$291/mo a month at a 5.0% 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
- -$291/mo
- Cap rate
- 5.0%
- Cash-on-cash
- -8.1%
- Max offer
- $147,500
Offer ≤ $147,500 (32% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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