For saleTownhouse
$234,900
7959 Center St
Clear Lake MN 55319
2 beds, 1 bath, 1,292 sqft
7959 Center St is a 2 beds, 1 bath, 1,292 sqft townhouse home for sale at $234,900 in Clear Lake MN 55319. At 20% down it rents for an estimated $1,175/mo and returns -$684/mo a month at a 3.2% 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
- $1,175/mo
- Monthly cash flow
- -$684/mo
- Cap rate
- 3.2%
- Cash-on-cash
- -17.5%
- Max offer
- $111,000
Offer ≤ $111,000 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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