For saleSingle family
$30,900
651 2nd St S
Hallock MN 56728
2 beds, 1 bath, 887 sqft
651 2nd St S is a 2 beds, 1 bath, 887 sqft single family home for sale at $30,900 in Hallock MN 56728. At 20% down it rents for an estimated $800/mo and returns $583/mo a month at a 29.2% 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
- $800/mo
- Monthly cash flow
- $583/mo
- Cap rate
- 29.2%
- Cash-on-cash
- 113.3%
- Max offer
- $30,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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