Pending saleSingle family

$289,900

612 7th St NE

Dilworth MN 56529

5 beds, 2 baths, 2,200 sqft

612 7th St NE is a 5 beds, 2 baths, 2,200 sqft single family home pending sale at $289,900 in Dilworth MN 56529. At 20% down it rents for an estimated $2,575/mo and returns $505/mo a month at a 8.8% 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
$2,575/mo
Monthly cash flow
$505/mo
Cap rate
8.8%
Cash-on-cash
10.5%
Max offer
$289,900

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

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