For saleSingle family

$249,000

1806 Kansas Ave

Benson MN 56215

3 beds, 2 baths, 1,400 sqft

1806 Kansas Ave is a 3 beds, 2 baths, 1,400 sqft single family home for sale at $249,000 in Benson MN 56215. At 20% down it rents for an estimated $1,250/mo and returns -$528/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
-$528/mo
Cap rate
4.1%
Cash-on-cash
-12.7%
Max offer
$148,000

Offer ≤ $148,000 (41% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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