Pending saleSingle family

$385,000

33315 Sand Prairie Ln

Le Sueur MN 56058

3 beds, 2 baths, 2,293 sqft

33315 Sand Prairie Ln is a 3 beds, 2 baths, 2,293 sqft single family home pending sale at $385,000 in Le Sueur MN 56058. At 20% down it rents for an estimated $1,400/mo and returns -$1,348/mo a month at a 2.5% 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
$1,400/mo
Monthly cash flow
-$1,348/mo
Cap rate
2.5%
Cash-on-cash
-21.0%
Max offer
$166,500

Offer ≤ $166,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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