For saleSingle family
$59,900
229 River St
Jackson MN 56143
3 beds, 1 bath, 1,138 sqft
229 River St is a 3 beds, 1 bath, 1,138 sqft single family home for sale at $59,900 in Jackson MN 56143. At 20% down it rents for an estimated $925/mo and returns $497/mo a month at a 16.6% 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
- $925/mo
- Monthly cash flow
- $497/mo
- Cap rate
- 16.6%
- Cash-on-cash
- 49.8%
- Max offer
- $59,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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