For saleSingle family
$105,000
3023 Norwood Ave
Slayton MN 56172
2 beds, 1.5 baths, 990 sqft
3023 Norwood Ave is a 2 beds, 1.5 baths, 990 sqft single family home for sale at $105,000 in Slayton MN 56172. At 20% down it rents for an estimated $950/mo and returns $200/mo a month at a 9.0% 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
- $950/mo
- Monthly cash flow
- $200/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 11.5%
- Max offer
- $105,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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