For saleSingle family
$50,000
140 2nd St NW
Blooming Prairie MN 55917
2 beds, 1 bath
140 2nd St NW is a 2 beds, 1 bath single family home for sale at $50,000 in Blooming Prairie MN 55917. At 20% down it rents for an estimated $750/mo and returns $393/mo a month at a 16.1% 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
- $393/mo
- Cap rate
- 16.1%
- Cash-on-cash
- 47.2%
- Max offer
- $50,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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