For saleSingle family
$550,000
1135 150th Ave
Luverne MN 56156
4 beds, 3 baths, 2,624 sqft
1135 150th Ave is a 4 beds, 3 baths, 2,624 sqft single family home for sale at $550,000 in Luverne MN 56156. At 20% down it rents for an estimated $1,125/mo and returns -$2,801/mo a month at a 0.6% 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
- -$2,801/mo
- Cap rate
- 0.6%
- Cash-on-cash
- -30.6%
- Max offer
- $135,000
Offer ≤ $135,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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