For saleSingle family
$58,999
212 Canning St E
Hendrum MN 56550
2 beds, 1 bath, 1,204 sqft
212 Canning St E is a 2 beds, 1 bath, 1,204 sqft single family home for sale at $58,999 in Hendrum MN 56550. At 20% down it rents for an estimated $975/mo and returns $554/mo a month at a 17.9% 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
- $554/mo
- Cap rate
- 17.9%
- Cash-on-cash
- 56.3%
- Max offer
- $58,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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