For saleSingle family
$219,900
280 10th St NE
Benson MN 56215
3 beds, 2 baths, 1,755 sqft
280 10th St NE is a 3 beds, 2 baths, 1,755 sqft single family home for sale at $219,900 in Benson MN 56215. At 20% down it rents for an estimated $1,250/mo and returns -$320/mo a month at a 4.9% 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
- $1,250/mo
- Monthly cash flow
- -$320/mo
- Cap rate
- 4.9%
- Cash-on-cash
- -8.7%
- Max offer
- $148,000
Offer ≤ $148,000 (33% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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