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 $1,325/mo and returns $112/mo a month at a 7.5% 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
- $1,325/mo
- Monthly cash flow
- $112/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 4.0%
- Max offer
- $156,000
Offer ≤ $156,000 (8% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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