For saleSingle family
$215,500
203 3rd St SW
Stewartville MN 55976
3 beds, 1 bath, 1,392 sqft
203 3rd St SW is a 3 beds, 1 bath, 1,392 sqft single family home for sale at $215,500 in Stewartville MN 55976. At 20% down it rents for an estimated $2,025/mo and returns $514/mo a month at a 9.4% 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
- $2,025/mo
- Monthly cash flow
- $514/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 14.3%
- Max offer
- $215,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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