For saleSingle family

$199,999

2601 County Road 14 NE

Miltona MN 56354

3 beds, 1 bath, 1,120 sqft

2601 County Road 14 NE is a 3 beds, 1 bath, 1,120 sqft single family home for sale at $199,999 in Miltona MN 56354. At 20% down it rents for an estimated $1,950/mo and returns $522/mo a month at a 9.8% 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
$1,950/mo
Monthly cash flow
$522/mo
Cap rate
9.8%
Cash-on-cash
15.7%
Max offer
$199,999

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading