For saleSingle family
$139,900
238 Prospect St
Owatonna MN 55060
3 beds, 1 bath, 1,314 sqft
238 Prospect St is a 3 beds, 1 bath, 1,314 sqft single family home for sale at $139,900 in Owatonna MN 55060. At 20% down it rents for an estimated $1,500/mo and returns $501/mo a month at a 11.0% 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
- $1,500/mo
- Monthly cash flow
- $501/mo
- Cap rate
- 11.0%
- Cash-on-cash
- 21.5%
- Max offer
- $139,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading