For saleSingle family
$170,000
739 E 1st St
Litchfield MN 55355
2 beds, 1 bath, 988 sqft
739 E 1st St is a 2 beds, 1 bath, 988 sqft single family home for sale at $170,000 in Litchfield MN 55355. At 20% down it rents for an estimated $1,300/mo and returns $86/mo a month at a 7.3% 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
- $86/mo
- Cap rate
- 7.3%
- Cash-on-cash
- 3.0%
- Max offer
- $153,500
Offer ≤ $153,500 (10% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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