For saleSingle family

$160,000

219 10th Ave

Worthington MN 56187

1 bed, 1 bath, 678 sqft

219 10th Ave is a 1 bed, 1 bath, 678 sqft single family home for sale at $160,000 in Worthington MN 56187. At 20% down it rents for an estimated $875/mo and returns -$267/mo a month at a 4.7% 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
$875/mo
Monthly cash flow
-$267/mo
Cap rate
4.7%
Cash-on-cash
-10.0%
Max offer
$103,500

Offer ≤ $103,500 (35% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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