For saleSingle family

$249,900

137 South St

Owatonna MN 55060

4 beds, 2 baths, 1,750 sqft

137 South St is a 4 beds, 2 baths, 1,750 sqft single family home for sale at $249,900 in Owatonna MN 55060. At 20% down it rents for an estimated $2,000/mo and returns $247/mo a month at a 7.7% 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
$2,000/mo
Monthly cash flow
$247/mo
Cap rate
7.7%
Cash-on-cash
5.9%
Max offer
$239,500

Offer ≤ $239,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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