For saleSingle family
$195,000
420 S Swift Ave
Litchfield MN 55355
3 beds, 2.5 baths, 1,489 sqft
420 S Swift Ave is a 3 beds, 2.5 baths, 1,489 sqft single family home for sale at $195,000 in Litchfield MN 55355. At 20% down it rents for an estimated $1,900/mo and returns $508/mo a month at a 9.8% 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
- $1,900/mo
- Monthly cash flow
- $508/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 15.6%
- Max offer
- $195,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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