For saleSingle family
$31,900
202 Elm Ave SE
Renville MN 56284
3 beds, 2 baths, 1,368 sqft
202 Elm Ave SE is a 3 beds, 2 baths, 1,368 sqft single family home for sale at $31,900 in Renville MN 56284. At 20% down it rents for an estimated $1,250/mo and returns $1,022/mo a month at a 45.1% 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
- $1,250/mo
- Monthly cash flow
- $1,022/mo
- Cap rate
- 45.1%
- Cash-on-cash
- 192.3%
- Max offer
- $31,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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