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 $1,675/mo and returns $1,338/mo a month at a 40.0% 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
$1,675/mo
Monthly cash flow
$1,338/mo
Cap rate
40.0%
Cash-on-cash
167.3%
Max offer
$48,000

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

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