For saleTownhouse

$244,900

316 Jefferson Ln

Saint Joseph MN 56374

4 beds, 2 baths, 1,660 sqft

316 Jefferson Ln is a 4 beds, 2 baths, 1,660 sqft townhouse home for sale at $244,900 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,700/mo and returns $854/mo a month at a 10.9% 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
$2,700/mo
Monthly cash flow
$854/mo
Cap rate
10.9%
Cash-on-cash
20.9%
Max offer
$244,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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