For saleSingle family
$399,900
58533 243rd St
Litchfield MN 55355
3 beds, 2 baths, 2,158 sqft
58533 243rd St is a 3 beds, 2 baths, 2,158 sqft single family home for sale at $399,900 in Litchfield MN 55355. At 20% down it rents for an estimated $1,900/mo and returns -$955/mo a month at a 3.8% 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
- $1,900/mo
- Monthly cash flow
- -$955/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.3%
- Max offer
- $225,000
Offer ≤ $225,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading