For saleSingle family

$154,000

222 Center Ave W

Clara City MN 56222

3 beds, 1.5 baths, 1,230 sqft

222 Center Ave W is a 3 beds, 1.5 baths, 1,230 sqft single family home for sale at $154,000 in Clara City MN 56222. At 20% down it rents for an estimated $1,350/mo and returns $270/mo a month at a 8.6% 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
$1,350/mo
Monthly cash flow
$270/mo
Cap rate
8.6%
Cash-on-cash
10.5%
Max offer
$154,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.