For saleSingle family
$120,000
37 Rowland St
Tracy MN 56175
3 beds, 2 baths, 1,024 sqft
37 Rowland St is a 3 beds, 2 baths, 1,024 sqft single family home for sale at $120,000 in Tracy MN 56175. At 20% down it rents for an estimated $950/mo and returns $108/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
- $950/mo
- Monthly cash flow
- $108/mo
- Cap rate
- 7.6%
- Cash-on-cash
- 5.4%
- Max offer
- $113,500
Offer ≤ $113,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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