For saleSingle family
$445,000
913 W Lake Ave
Worthington MN 56187
3 beds, 3 baths, 2,338 sqft
913 W Lake Ave is a 3 beds, 3 baths, 2,338 sqft single family home for sale at $445,000 in Worthington MN 56187. At 20% down it rents for an estimated $975/mo and returns -$2,202/mo a month at a 0.7% 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
- -$2,202/mo
- Cap rate
- 0.7%
- Cash-on-cash
- -29.7%
- Max offer
- $117,000
Offer ≤ $117,000 (74% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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