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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