For saleSingle family
$110,000
631 N Cedar St
Luverne MN 56156
4 beds, 2 baths, 1,184 sqft
631 N Cedar St is a 4 beds, 2 baths, 1,184 sqft single family home for sale at $110,000 in Luverne MN 56156. At 20% down it rents for an estimated $1,125/mo and returns $340/mo a month at a 10.4% 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
- $340/mo
- Cap rate
- 10.4%
- Cash-on-cash
- 18.5%
- Max offer
- $110,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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