For saleSingle family
$289,000
1106 Devito St Unit 6
Marshall MN 56258
2 beds, 2 baths, 1,690 sqft
1106 Devito St Unit 6 is a 2 beds, 2 baths, 1,690 sqft single family home for sale at $289,000 in Marshall MN 56258. At 20% down it rents for an estimated $950/mo and returns -$1,113/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
- $950/mo
- Monthly cash flow
- -$1,113/mo
- Cap rate
- 2.0%
- Cash-on-cash
- -23.1%
- Max offer
- $113,000
Offer ≤ $113,000 (61% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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