For saleSingle family
$379,900
605 Cottonwood Ave
Litchfield MN 55355
4 beds, 3 baths, 2,628 sqft
605 Cottonwood Ave is a 4 beds, 3 baths, 2,628 sqft single family home for sale at $379,900 in Litchfield MN 55355. At 20% down it rents for an estimated $1,450/mo and returns -$1,262/mo a month at a 2.7% 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
- $1,450/mo
- Monthly cash flow
- -$1,262/mo
- Cap rate
- 2.7%
- Cash-on-cash
- -19.9%
- Max offer
- $172,500
Offer ≤ $172,500 (55% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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