Pending saleCondo

$195,000

415 S 4th St Apt D3

Marshall MN 56258

2 beds, 2 baths, 1,526 sqft

415 S 4th St Apt D3 is a 2 beds, 2 baths, 1,526 sqft condo home pending sale at $195,000 in Marshall MN 56258. At 20% down it rents for an estimated $950/mo and returns -$923/mo a month at a 1.0% 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
$950/mo
Monthly cash flow
-$923/mo
Cap rate
1.0%
Cash-on-cash
-28.4%
Max offer
$48,000

Offer ≤ $48,000 (75% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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