For saleSingle family
$219,000
638 James Blvd
Worthington MN 56187
3 beds, 1 bath, 1,688 sqft
638 James Blvd is a 3 beds, 1 bath, 1,688 sqft single family home for sale at $219,000 in Worthington MN 56187. At 20% down it rents for an estimated $975/mo and returns -$588/mo a month at a 3.4% 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
- -$588/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.1%
- Max offer
- $115,500
Offer ≤ $115,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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