For saleSingle family
$170,000
231 10th Ave
Worthington MN 56187
1 bed, 2 baths, 592 sqft
231 10th Ave is a 1 bed, 2 baths, 592 sqft single family home for sale at $170,000 in Worthington MN 56187. At 20% down it rents for an estimated $875/mo and returns -$339/mo a month at a 4.3% 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
- $875/mo
- Monthly cash flow
- -$339/mo
- Cap rate
- 4.3%
- Cash-on-cash
- -12.0%
- Max offer
- $103,500
Offer ≤ $103,500 (39% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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