For saleTownhouse
$220,000
909 E Baker St
Saint Joseph MN 56374
3 beds, 2 baths, 1,504 sqft
909 E Baker St is a 3 beds, 2 baths, 1,504 sqft townhouse home for sale at $220,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,400/mo and returns $720/mo a month at a 10.6% 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
- $2,400/mo
- Monthly cash flow
- $720/mo
- Cap rate
- 10.6%
- Cash-on-cash
- 19.6%
- Max offer
- $220,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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