For saleSingle family
$230,000
1207 W Park Ave
Olivia MN 56277
3 beds, 1 bath, 1,658 sqft
1207 W Park Ave is a 3 beds, 1 bath, 1,658 sqft single family home for sale at $230,000 in Olivia MN 56277. At 20% down it rents for an estimated $1,675/mo and returns $62/mo a month at a 6.8% 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
- $1,675/mo
- Monthly cash flow
- $62/mo
- Cap rate
- 6.8%
- Cash-on-cash
- 1.6%
- Max offer
- $200,500
Offer ≤ $200,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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