For saleTownhouse
$137,500
232 E Orchard St
Belle Plaine MN 56011
3 beds, 1.5 baths, 1,220 sqft
232 E Orchard St is a 3 beds, 1.5 baths, 1,220 sqft townhouse home for sale at $137,500 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,450/mo and returns $279/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
- $1,450/mo
- Monthly cash flow
- $279/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 12.2%
- Max offer
- $137,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.