For saleSingle family

$269,900

427 Lori Ln

Litchfield MN 55355

3 beds, 2.5 baths, 2,064 sqft

427 Lori Ln is a 3 beds, 2.5 baths, 2,064 sqft single family home for sale at $269,900 in Litchfield MN 55355. At 20% down it rents for an estimated $2,400/mo and returns $507/mo a month at a 8.8% 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
$507/mo
Cap rate
8.8%
Cash-on-cash
11.3%
Max offer
$269,900

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

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