For saleSingle family
$215,000
212 3rd St E
Jordan MN 55352
3 beds, 1.5 baths, 2,212 sqft
212 3rd St E is a 3 beds, 1.5 baths, 2,212 sqft single family home for sale at $215,000 in Jordan MN 55352. At 20% down it rents for an estimated $2,425/mo and returns $917/mo a month at a 11.6% 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
- $2,425/mo
- Monthly cash flow
- $917/mo
- Cap rate
- 11.6%
- Cash-on-cash
- 25.6%
- Max offer
- $215,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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