For saleSingle family
$199,000
214 River St
Jackson MN 56143
2 beds, 1 bath, 1,632 sqft
214 River St is a 2 beds, 1 bath, 1,632 sqft single family home for sale at $199,000 in Jackson MN 56143. At 20% down it rents for an estimated $825/mo and returns -$596/mo a month at a 3.1% 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
- $825/mo
- Monthly cash flow
- -$596/mo
- Cap rate
- 3.1%
- Cash-on-cash
- -18.0%
- Max offer
- $98,000
Offer ≤ $98,000 (51% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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