For saleSingle family
$1,045,000
38798 County Road 2
Saint Joseph MN 56374
4 beds, 3.5 baths, 4,301 sqft
38798 County Road 2 is a 4 beds, 3.5 baths, 4,301 sqft single family home for sale at $1,045,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,100/mo and returns -$5,360/mo a month at a 0.5% 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
- $2,100/mo
- Monthly cash flow
- -$5,360/mo
- Cap rate
- 0.5%
- Cash-on-cash
- -30.8%
- Max offer
- $253,000
Offer ≤ $253,000 (76% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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