For saleSingle family
$225,000
302 2nd St SE
Stewartville MN 55976
2 beds, 1 bath, 784 sqft
302 2nd St SE is a 2 beds, 1 bath, 784 sqft single family home for sale at $225,000 in Stewartville MN 55976. At 20% down it rents for an estimated $1,375/mo and returns -$231/mo a month at a 5.4% 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
- $1,375/mo
- Monthly cash flow
- -$231/mo
- Cap rate
- 5.4%
- Cash-on-cash
- -6.2%
- Max offer
- $162,500
Offer ≤ $162,500 (28% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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