For saleSingle family

$209,888

333 1st St SE

Blooming Prairie MN 55917

3 beds, 1.5 baths, 1,036 sqft

333 1st St SE is a 3 beds, 1.5 baths, 1,036 sqft single family home for sale at $209,888 in Blooming Prairie MN 55917. At 20% down it rents for an estimated $1,700/mo and returns $228/mo a month at a 7.8% 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
$1,700/mo
Monthly cash flow
$228/mo
Cap rate
7.8%
Cash-on-cash
6.5%
Max offer
$203,500

Offer ≤ $203,500 (3% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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