For saleSingle family

$190,000

23 W Pike St

Osakis MN 56360

2 beds, 1 bath, 1,192 sqft

23 W Pike St is a 2 beds, 1 bath, 1,192 sqft single family home for sale at $190,000 in Osakis MN 56360. At 20% down it rents for an estimated $1,500/mo and returns $167/mo a month at a 7.6% 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
$1,500/mo
Monthly cash flow
$167/mo
Cap rate
7.6%
Cash-on-cash
5.3%
Max offer
$179,500

Offer ≤ $179,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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