For saleSingle family
$249,900
808 N Oakley St
Luverne MN 56156
4 beds, 1 bath, 1,745 sqft
808 N Oakley St is a 4 beds, 1 bath, 1,745 sqft single family home for sale at $249,900 in Luverne MN 56156. At 20% down it rents for an estimated $1,125/mo and returns -$659/mo a month at a 3.5% 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
- $1,125/mo
- Monthly cash flow
- -$659/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.8%
- Max offer
- $133,500
Offer ≤ $133,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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