For saleSingle family
$124,900
31 Ripley St E
Litchfield MN 55355
3 beds, 2 baths, 1,242 sqft
31 Ripley St E is a 3 beds, 2 baths, 1,242 sqft single family home for sale at $124,900 in Litchfield MN 55355. At 20% down it rents for an estimated $1,450/mo and returns $558/mo a month at a 12.0% 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
- $1,450/mo
- Monthly cash flow
- $558/mo
- Cap rate
- 12.0%
- Cash-on-cash
- 26.8%
- Max offer
- $124,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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