For saleSingle family
$199,900
1806 Bellview Ln
Albert Lea MN 56007
4 beds, 2 baths, 2,061 sqft
1806 Bellview Ln is a 4 beds, 2 baths, 2,061 sqft single family home for sale at $199,900 in Albert Lea MN 56007. At 20% down it rents for an estimated $1,425/mo and returns $23/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
- $1,425/mo
- Monthly cash flow
- $23/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 0.7%
- Max offer
- $170,500
Offer ≤ $170,500 (15% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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