For saleSingle family
$169,000
1857 1st Ave
Worthington MN 56187
2 beds, 1 bath, 875 sqft
1857 1st Ave is a 2 beds, 1 bath, 875 sqft single family home for sale at $169,000 in Worthington MN 56187. At 20% down it rents for an estimated $1,000/mo and returns -$206/mo a month at a 5.2% 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
- $1,000/mo
- Monthly cash flow
- -$206/mo
- Cap rate
- 5.2%
- Cash-on-cash
- -7.3%
- Max offer
- $118,000
Offer ≤ $118,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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