For saleSingle family
$48,000
807 County Road 6
Renville MN 56284
3 beds, 1 bath, 1,477 sqft
807 County Road 6 is a 3 beds, 1 bath, 1,477 sqft single family home for sale at $48,000 in Renville MN 56284. At 20% down it rents for an estimated $1,250/mo and returns $907/mo a month at a 29.3% 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
- $1,250/mo
- Monthly cash flow
- $907/mo
- Cap rate
- 29.3%
- Cash-on-cash
- 113.4%
- Max offer
- $48,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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