For saleSingle family
$225,000
2832 Mill St
Slayton MN 56172
3 beds, 2.5 baths, 2,304 sqft
2832 Mill St is a 3 beds, 2.5 baths, 2,304 sqft single family home for sale at $225,000 in Slayton MN 56172. At 20% down it rents for an estimated $1,675/mo and returns $97/mo a month at a 7.0% 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
- $1,675/mo
- Monthly cash flow
- $97/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.6%
- Max offer
- $200,500
Offer ≤ $200,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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