For saleSingle family

$169,900

412 Main St N

Grand Meadow MN 55936

3 beds, 1.5 baths, 1,500 sqft

412 Main St N is a 3 beds, 1.5 baths, 1,500 sqft single family home for sale at $169,900 in Grand Meadow MN 55936. At 20% down it rents for an estimated $1,225/mo and returns $33/mo a month at a 6.8% 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
$1,225/mo
Monthly cash flow
$33/mo
Cap rate
6.8%
Cash-on-cash
1.2%
Max offer
$146,500

Offer ≤ $146,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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