For saleTownhouse
$225,000
517 Faith Ln
Saint Joseph MN 56374
3 beds, 2.5 baths, 1,371 sqft
517 Faith Ln is a 3 beds, 2.5 baths, 1,371 sqft townhouse home for sale at $225,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,400/mo and returns $687/mo a month at a 10.3% 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
- $2,400/mo
- Monthly cash flow
- $687/mo
- Cap rate
- 10.3%
- Cash-on-cash
- 18.3%
- Max offer
- $225,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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