For saleSingle family

$147,000

201 Main St S

Winthrop MN 55396

3 beds, 1.5 baths, 2,200 sqft

201 Main St S is a 3 beds, 1.5 baths, 2,200 sqft single family home for sale at $147,000 in Winthrop MN 55396. At 20% down it rents for an estimated $1,450/mo and returns $419/mo a month at a 9.9% 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
$1,450/mo
Monthly cash flow
$419/mo
Cap rate
9.9%
Cash-on-cash
17.1%
Max offer
$147,000

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

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