For saleSingle family

$289,900

803 4th Ave SE

Stewartville MN 55976

4 beds, 2 baths, 2,040 sqft

803 4th Ave SE is a 4 beds, 2 baths, 2,040 sqft single family home for sale at $289,900 in Stewartville MN 55976. At 20% down it rents for an estimated $1,725/mo and returns -$345/mo a month at a 5.2% 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
$1,725/mo
Monthly cash flow
-$345/mo
Cap rate
5.2%
Cash-on-cash
-7.1%
Max offer
$204,000

Offer ≤ $204,000 (30% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading