For saleSingle family

$159,900

729 E Ripley St

Litchfield MN 55355

2 beds, 1 bath, 900 sqft

729 E Ripley St is a 2 beds, 1 bath, 900 sqft single family home for sale at $159,900 in Litchfield MN 55355. At 20% down it rents for an estimated $1,300/mo and returns $179/mo a month at a 7.9% 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
$179/mo
Cap rate
7.9%
Cash-on-cash
6.7%
Max offer
$155,500

Offer ≤ $155,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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