For saleSingle family
$260,000
300 E State St
Belle Plaine MN 56011
4 beds, 2 baths, 1,354 sqft
300 E State St is a 4 beds, 2 baths, 1,354 sqft single family home for sale at $260,000 in Belle Plaine MN 56011. At 20% down it rents for an estimated $3,000/mo and returns $1,176/mo a month at a 11.9% 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
- $3,000/mo
- Monthly cash flow
- $1,176/mo
- Cap rate
- 11.9%
- Cash-on-cash
- 27.1%
- Max offer
- $260,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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