For saleSingle family
$292,500
121 2nd St S
Delano MN 55328
4 beds, 2.5 baths, 2,080 sqft
121 2nd St S is a 4 beds, 2.5 baths, 2,080 sqft single family home for sale at $292,500 in Delano MN 55328. At 20% down it rents for an estimated $2,625/mo and returns $537/mo a month at a 8.9% 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
- $2,625/mo
- Monthly cash flow
- $537/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.0%
- Max offer
- $292,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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