For saleSingle family
$162,900
1803 SE Marshall St
Albert Lea MN 56007
3 beds, 1.5 baths, 1,390 sqft
1803 SE Marshall St is a 3 beds, 1.5 baths, 1,390 sqft single family home for sale at $162,900 in Albert Lea MN 56007. At 20% down it rents for an estimated $1,325/mo and returns $162/mo a month at a 7.9% 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
- $162/mo
- Cap rate
- 7.9%
- Cash-on-cash
- 6.0%
- Max offer
- $156,000
Offer ≤ $156,000 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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