For saleSingle family

$110,000

416 2nd Ave S

Sacred Heart MN 56285

3 beds, 2 baths, 1,591 sqft

416 2nd Ave S is a 3 beds, 2 baths, 1,591 sqft single family home for sale at $110,000 in Sacred Heart MN 56285. At 20% down it rents for an estimated $1,400/mo and returns $628/mo a month at a 13.4% 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
$1,400/mo
Monthly cash flow
$628/mo
Cap rate
13.4%
Cash-on-cash
34.3%
Max offer
$110,000

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

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