For saleSingle family
$19,900
2656 Norwood Ave
Slayton MN 56172
3 beds, 1 bath, 992 sqft
2656 Norwood Ave is a 3 beds, 1 bath, 992 sqft single family home for sale at $19,900 in Slayton MN 56172. At 20% down it rents for an estimated $1,675/mo and returns $1,535/mo a month at a 99.1% 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
- $1,675/mo
- Monthly cash flow
- $1,535/mo
- Cap rate
- 99.1%
- Cash-on-cash
- 462.9%
- Max offer
- $19,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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