For saleSingle family

$145,000

403 N 7th St

Marshall MN 56258

2 beds, 1 bath, 1,040 sqft

403 N 7th St is a 2 beds, 1 bath, 1,040 sqft single family home for sale at $145,000 in Marshall MN 56258. At 20% down it rents for an estimated $950/mo and returns -$85/mo a month at a 6.0% 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
$950/mo
Monthly cash flow
-$85/mo
Cap rate
6.0%
Cash-on-cash
-3.5%
Max offer
$112,000

Offer ≤ $112,000 (23% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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