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 $1,625/mo and returns $436/mo a month at a 10.5% 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
- $1,625/mo
- Monthly cash flow
- $436/mo
- Cap rate
- 10.5%
- Cash-on-cash
- 19.0%
- Max offer
- $137,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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