For saleSingle family
$54,900
111 W Nebraska Ave
Gilbert MN 55741
3 beds, 1 bath, 1,080 sqft
111 W Nebraska Ave is a 3 beds, 1 bath, 1,080 sqft single family home for sale at $54,900 in Gilbert MN 55741. At 20% down it rents for an estimated $950/mo and returns $558/mo a month at a 18.9% 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
- $950/mo
- Monthly cash flow
- $558/mo
- Cap rate
- 18.9%
- Cash-on-cash
- 61.0%
- Max offer
- $54,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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