For saleSingle family

$425,000

611 N Marshall Ave

Litchfield MN 55355

6 beds, 2.5 baths, 3,170 sqft

611 N Marshall Ave is a 6 beds, 2.5 baths, 3,170 sqft single family home for sale at $425,000 in Litchfield MN 55355. At 20% down it rents for an estimated $3,275/mo and returns $294/mo a month at a 7.3% 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
$3,275/mo
Monthly cash flow
$294/mo
Cap rate
7.3%
Cash-on-cash
4.2%
Max offer
$392,000

Offer ≤ $392,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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