For saleSingle family
$119,000
237 E Nelson Ave
Warren MN 56762
3 beds, 1 bath, 1,358 sqft
237 E Nelson Ave is a 3 beds, 1 bath, 1,358 sqft single family home for sale at $119,000 in Warren MN 56762. At 20% down it rents for an estimated $850/mo and returns $15/mo a month at a 6.7% 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
- $850/mo
- Monthly cash flow
- $15/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.8%
- Max offer
- $101,500
Offer ≤ $101,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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