For saleSingle family
$430,000
1393 Springfield Pkwy
Jackson MN 56143
4 beds, 4 baths, 4,756 sqft
1393 Springfield Pkwy is a 4 beds, 4 baths, 4,756 sqft single family home for sale at $430,000 in Jackson MN 56143. At 20% down it rents for an estimated $1,000/mo and returns -$2,070/mo a month at a 0.9% 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
- -$2,070/mo
- Cap rate
- 0.9%
- Cash-on-cash
- -28.9%
- Max offer
- $120,000
Offer ≤ $120,000 (72% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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