For saleSingle family
$189,900
132 6th St SW
Forest Lake MN 55025
2 beds, 1 bath, 1,164 sqft
132 6th St SW is a 2 beds, 1 bath, 1,164 sqft single family home for sale at $189,900 in Forest Lake MN 55025. At 20% down it rents for an estimated $1,925/mo and returns $569/mo a month at a 10.3% 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
- $1,925/mo
- Monthly cash flow
- $569/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.0%
- Max offer
- $189,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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