For saleSingle family

$449,900

910 13th Ave NE

Saint Joseph MN 56374

3 beds, 2 baths, 1,588 sqft

910 13th Ave NE is a 3 beds, 2 baths, 1,588 sqft single family home for sale at $449,900 in Saint Joseph MN 56374. At 20% down it rents for an estimated $1,950/mo and returns -$1,262/mo a month at a 3.3% 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
$1,950/mo
Monthly cash flow
-$1,262/mo
Cap rate
3.3%
Cash-on-cash
-16.8%
Max offer
$231,500

Offer ≤ $231,500 (49% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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