For saleSingle family
$269,900
1923 Cedar Ave
Worthington MN 56187
4 beds, 1 bath, 1,312 sqft
1923 Cedar Ave is a 4 beds, 1 bath, 1,312 sqft single family home for sale at $269,900 in Worthington MN 56187. At 20% down it rents for an estimated $1,025/mo and returns -$902/mo a month at a 2.7% 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
- $1,025/mo
- Monthly cash flow
- -$902/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -20.0%
- Max offer
- $121,500
Offer ≤ $121,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading