For saleSingle family

$236,900

514 Swift Ave N

Litchfield MN 55355

3 beds, 2 baths, 2,092 sqft

514 Swift Ave N is a 3 beds, 2 baths, 2,092 sqft single family home for sale at $236,900 in Litchfield MN 55355. At 20% down it rents for an estimated $2,400/mo and returns $738/mo a month at a 10.3% 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
$2,400/mo
Monthly cash flow
$738/mo
Cap rate
10.3%
Cash-on-cash
18.7%
Max offer
$236,900

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

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