For saleSingle family
$45,000
1023 South St
Jackson MN 56143
6 beds, 2 baths, 1,761 sqft
1023 South St is a 6 beds, 2 baths, 1,761 sqft single family home for sale at $45,000 in Jackson MN 56143. At 20% down it rents for an estimated $1,150/mo and returns $829/mo a month at a 28.8% 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
- $1,150/mo
- Monthly cash flow
- $829/mo
- Cap rate
- 28.8%
- Cash-on-cash
- 110.5%
- Max offer
- $45,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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