For saleSingle family
$219,900
618 N Miller Ave
Litchfield MN 55355
3 beds, 2 baths, 1,404 sqft
618 N Miller Ave is a 3 beds, 2 baths, 1,404 sqft single family home for sale at $219,900 in Litchfield MN 55355. At 20% down it rents for an estimated $2,400/mo and returns $858/mo a month at a 11.2% 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
- $2,400/mo
- Monthly cash flow
- $858/mo
- Cap rate
- 11.2%
- Cash-on-cash
- 23.4%
- Max offer
- $219,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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