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 $2,300/mo and returns $249/mo a month at a 7.5% 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
- $2,300/mo
- Monthly cash flow
- $249/mo
- Cap rate
- 7.5%
- Cash-on-cash
- 5.1%
- Max offer
- $275,500
Offer ≤ $275,500 (6% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.