For saleSingle family
$80,000
510 S Main St
Lamberton MN 56152
3 beds, 2 baths, 1,260 sqft
510 S Main St is a 3 beds, 2 baths, 1,260 sqft single family home for sale at $80,000 in Lamberton MN 56152. At 20% down it rents for an estimated $725/mo and returns $164/mo a month at a 9.0% 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
- $725/mo
- Monthly cash flow
- $164/mo
- Cap rate
- 9.0%
- Cash-on-cash
- 12.3%
- Max offer
- $80,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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