For saleSingle family

$115,000

213 3rd St W

Jasper MN 56144

2 beds, 1.5 baths, 880 sqft

213 3rd St W is a 2 beds, 1.5 baths, 880 sqft single family home for sale at $115,000 in Jasper MN 56144. At 20% down it rents for an estimated $925/mo and returns $118/mo a month at a 7.8% 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
$925/mo
Monthly cash flow
$118/mo
Cap rate
7.8%
Cash-on-cash
6.2%
Max offer
$110,500

Offer ≤ $110,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.