For saleTownhouse
$195,000
128 9th Ave SE
Saint Joseph MN 56374
3 beds, 2 baths, 1,570 sqft
128 9th Ave SE is a 3 beds, 2 baths, 1,570 sqft townhouse home for sale at $195,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,400/mo and returns $887/mo a month at a 12.1% 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
- $2,400/mo
- Monthly cash flow
- $887/mo
- Cap rate
- 12.1%
- Cash-on-cash
- 27.3%
- Max offer
- $195,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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