For saleSingle family

$145,000

237 Mill Ave S

Blooming Prairie MN 55917

3 beds, 1 bath, 1,056 sqft

237 Mill Ave S is a 3 beds, 1 bath, 1,056 sqft single family home for sale at $145,000 in Blooming Prairie MN 55917. At 20% down it rents for an estimated $1,650/mo and returns $633/mo a month at a 11.8% 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
$1,650/mo
Monthly cash flow
$633/mo
Cap rate
11.8%
Cash-on-cash
26.2%
Max offer
$145,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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