For saleSingle family
$149,900
407 S 2nd St
Marshall MN 56258
4 beds, 2 baths, 1,300 sqft
407 S 2nd St is a 4 beds, 2 baths, 1,300 sqft single family home for sale at $149,900 in Marshall MN 56258. At 20% down it rents for an estimated $1,050/mo and returns -$20/mo a month at a 6.5% 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
- $1,050/mo
- Monthly cash flow
- -$20/mo
- Cap rate
- 6.5%
- Cash-on-cash
- -0.8%
- Max offer
- $124,000
Offer ≤ $124,000 (17% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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