For saleSingle family
$349,900
1204 Horizon Dr
Marshall MN 56258
5 beds, 4 baths, 2,996 sqft
1204 Horizon Dr is a 5 beds, 4 baths, 2,996 sqft single family home for sale at $349,900 in Marshall MN 56258. At 20% down it rents for an estimated $1,150/mo and returns -$1,348/mo a month at a 2.0% 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
- $1,150/mo
- Monthly cash flow
- -$1,348/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.1%
- Max offer
- $137,000
Offer ≤ $137,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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