For saleSingle family
$205,000
213 N Cedar St
Luverne MN 56156
4 beds, 3 baths, 2,586 sqft
213 N Cedar St is a 4 beds, 3 baths, 2,586 sqft single family home for sale at $205,000 in Luverne MN 56156. At 20% down it rents for an estimated $1,125/mo and returns -$338/mo a month at a 4.7% 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
- $1,125/mo
- Monthly cash flow
- -$338/mo
- Cap rate
- 4.7%
- Cash-on-cash
- -9.9%
- Max offer
- $133,000
Offer ≤ $133,000 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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