For saleSingle family

$120,000

704 Dover St

Worthington MN 56187

2 beds, 1 bath, 726 sqft

704 Dover St is a 2 beds, 1 bath, 726 sqft single family home for sale at $120,000 in Worthington MN 56187. At 20% down it rents for an estimated $850/mo and returns $8/mo a month at a 6.6% 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
$850/mo
Monthly cash flow
$8/mo
Cap rate
6.6%
Cash-on-cash
0.4%
Max offer
$101,500

Offer ≤ $101,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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