For saleSingle family
$189,900
1009 South St
Jackson MN 56143
4 beds, 2.5 baths, 2,917 sqft
1009 South St is a 4 beds, 2.5 baths, 2,917 sqft single family home for sale at $189,900 in Jackson MN 56143. At 20% down it rents for an estimated $1,000/mo and returns -$356/mo a month at a 4.4% 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
- $1,000/mo
- Monthly cash flow
- -$356/mo
- Cap rate
- 4.4%
- Cash-on-cash
- -11.2%
- Max offer
- $118,500
Offer ≤ $118,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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