For saleSingle family

$268,000

802 N Ramsey Ave

Litchfield MN 55355

4 beds, 3 baths, 1,941 sqft

802 N Ramsey Ave is a 4 beds, 3 baths, 1,941 sqft single family home for sale at $268,000 in Litchfield MN 55355. At 20% down it rents for an estimated $2,700/mo and returns $820/mo a month at a 10.2% 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
$2,700/mo
Monthly cash flow
$820/mo
Cap rate
10.2%
Cash-on-cash
18.4%
Max offer
$268,000

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

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