For saleSingle family
$70,000
1637 Miller St
Worthington MN 56187
2 beds, 1 bath, 624 sqft
1637 Miller St is a 2 beds, 1 bath, 624 sqft single family home for sale at $70,000 in Worthington MN 56187. At 20% down it rents for an estimated $850/mo and returns $359/mo a month at a 12.7% 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
- $359/mo
- Cap rate
- 12.7%
- Cash-on-cash
- 30.8%
- Max offer
- $70,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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