For saleSingle family
$394,500
1902 Maple Leaf Ln
Litchfield MN 55355
5 beds, 3 baths, 2,834 sqft
1902 Maple Leaf Ln is a 5 beds, 3 baths, 2,834 sqft single family home for sale at $394,500 in Litchfield MN 55355. At 20% down it rents for an estimated $1,600/mo and returns -$1,216/mo a month at a 3.0% 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
- $1,600/mo
- Monthly cash flow
- -$1,216/mo
- Cap rate
- 3.0%
- Cash-on-cash
- -18.5%
- Max offer
- $190,000
Offer ≤ $190,000 (52% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading