For saleSingle family
$159,900
1715 SE Marshall St
Albert Lea MN 56007
3 beds, 2 baths, 1,720 sqft
1715 SE Marshall St is a 3 beds, 2 baths, 1,720 sqft single family home for sale at $159,900 in Albert Lea MN 56007. At 20% down it rents for an estimated $1,325/mo and returns $184/mo a month at a 8.0% 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
- $1,325/mo
- Monthly cash flow
- $184/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 6.9%
- Max offer
- $156,000
Offer ≤ $156,000 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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