For saleSingle family

$119,000

1208 Whitest

Jackson MN 56143

3 beds, 3 baths, 1,404 sqft

1208 Whitest is a 3 beds, 3 baths, 1,404 sqft single family home for sale at $119,000 in Jackson MN 56143. At 20% down it rents for an estimated $1,000/mo and returns $165/mo a month at a 8.2% 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
$165/mo
Cap rate
8.2%
Cash-on-cash
8.3%
Max offer
$119,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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