For saleSingle family
$167,000
317 N Austin Ave
Litchfield MN 55355
2 beds, 2 baths, 1,057 sqft
317 N Austin Ave is a 2 beds, 2 baths, 1,057 sqft single family home for sale at $167,000 in Litchfield MN 55355. At 20% down it rents for an estimated $1,300/mo and returns $108/mo a month at a 7.4% 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
- $1,300/mo
- Monthly cash flow
- $108/mo
- Cap rate
- 7.4%
- Cash-on-cash
- 3.9%
- Max offer
- $153,500
Offer ≤ $153,500 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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