For saleSingle family

$199,900

420 S 8th St

Bird Island MN 55310

4 beds, 2 baths, 2,187 sqft

420 S 8th St is a 4 beds, 2 baths, 2,187 sqft single family home for sale at $199,900 in Bird Island MN 55310. At 20% down it rents for an estimated $3,850/mo and returns $2,448/mo a month at a 21.2% 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
$3,850/mo
Monthly cash flow
$2,448/mo
Cap rate
21.2%
Cash-on-cash
73.5%
Max offer
$199,900

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

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