For saleSingle family
$424,000
19093 610th Ave
Litchfield MN 55355
3 beds, 2.5 baths, 2,168 sqft
19093 610th Ave is a 3 beds, 2.5 baths, 2,168 sqft single family home for sale at $424,000 in Litchfield MN 55355. At 20% down it rents for an estimated $1,900/mo and returns -$1,127/mo a month at a 3.5% 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
- $1,900/mo
- Monthly cash flow
- -$1,127/mo
- Cap rate
- 3.5%
- Cash-on-cash
- -15.9%
- Max offer
- $225,500
Offer ≤ $225,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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