For saleSingle family

$459,000

93529 500th Ave

Windom MN 56101

3 beds, 2.5 baths, 2,514 sqft

93529 500th Ave is a 3 beds, 2.5 baths, 2,514 sqft single family home for sale at $459,000 in Windom MN 56101. At 20% down it rents for an estimated $875/mo and returns -$2,402/mo a month at a 0.4% 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
$875/mo
Monthly cash flow
-$2,402/mo
Cap rate
0.4%
Cash-on-cash
-31.4%
Max offer
$105,500

Offer ≤ $105,500 (77% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading