For saleSingle family
$194,000
424 N Sibley Ave
Litchfield MN 55355
4 beds, 1 bath, 1,332 sqft
424 N Sibley Ave is a 4 beds, 1 bath, 1,332 sqft single family home for sale at $194,000 in Litchfield MN 55355. At 20% down it rents for an estimated $1,450/mo and returns $65/mo a month at a 7.1% 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
- $65/mo
- Cap rate
- 7.1%
- Cash-on-cash
- 2.0%
- Max offer
- $171,000
Offer ≤ $171,000 (12% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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