For saleSingle family

$235,000

212 21st St S

Benson MN 56215

4 beds, 1 bath, 1,683 sqft

212 21st St S is a 4 beds, 1 bath, 1,683 sqft single family home for sale at $235,000 in Benson MN 56215. At 20% down it rents for an estimated $1,400/mo and returns -$278/mo a month at a 5.2% 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
-$278/mo
Cap rate
5.2%
Cash-on-cash
-7.1%
Max offer
$165,500

Offer ≤ $165,500 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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