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 $750/mo and returns $14/mo a month at a 6.7% 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
- $750/mo
- Monthly cash flow
- $14/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.8%
- Max offer
- $89,500
Offer ≤ $89,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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