For saleSingle family
$250,000
110 3rd St S
Benson MN 56215
3 beds, 3 baths, 1,520 sqft
110 3rd St S is a 3 beds, 3 baths, 1,520 sqft single family home for sale at $250,000 in Benson MN 56215. At 20% down it rents for an estimated $1,250/mo and returns -$535/mo a month at a 4.1% 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
- -$535/mo
- Cap rate
- 4.1%
- Cash-on-cash
- -12.8%
- Max offer
- $148,000
Offer ≤ $148,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading