For saleSingle family
$205,000
515 SW Benzel Ave
Madelia MN 56062
4 beds, 2 baths, 1,897 sqft
515 SW Benzel Ave is a 4 beds, 2 baths, 1,897 sqft single family home for sale at $205,000 in Madelia MN 56062. At 20% down it rents for an estimated $1,875/mo and returns $437/mo a month at a 9.1% 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
- $1,875/mo
- Monthly cash flow
- $437/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.8%
- Max offer
- $205,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.