For saleSingle family
$125,000
513 W Lincoln St
Luverne MN 56156
2 beds, 1 bath, 678 sqft
513 W Lincoln St is a 2 beds, 1 bath, 678 sqft single family home for sale at $125,000 in Luverne MN 56156. At 20% down it rents for an estimated $925/mo and returns $33/mo a month at a 7.0% 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
- $33/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 1.6%
- Max offer
- $109,000
Offer ≤ $109,000 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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