For saleSingle family
$269,900
608 9th St
Worthington MN 56187
3 beds, 2 baths, 1,616 sqft
608 9th St is a 3 beds, 2 baths, 1,616 sqft single family home for sale at $269,900 in Worthington MN 56187. At 20% down it rents for an estimated $975/mo and returns -$952/mo a month at a 2.4% 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
- $975/mo
- Monthly cash flow
- -$952/mo
- Cap rate
- 2.4%
- Cash-on-cash
- -21.2%
- Max offer
- $116,000
Offer ≤ $116,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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