For saleSingle family
$269,900
305 W 3rd St
Winthrop MN 55396
4 beds, 3 baths, 2,285 sqft
305 W 3rd St is a 4 beds, 3 baths, 2,285 sqft single family home for sale at $269,900 in Winthrop MN 55396. At 20% down it rents for an estimated $2,175/mo and returns $282/mo a month at a 7.8% 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
- $2,175/mo
- Monthly cash flow
- $282/mo
- Cap rate
- 7.8%
- Cash-on-cash
- 6.3%
- Max offer
- $260,500
Offer ≤ $260,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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