For saleSingle family
$135,000
303 2nd St SW
Renville MN 56284
2 beds, 2 baths, 1,476 sqft
303 2nd St SW is a 2 beds, 2 baths, 1,476 sqft single family home for sale at $135,000 in Renville MN 56284. At 20% down it rents for an estimated $1,125/mo and returns $161/mo a month at a 8.1% 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
- $1,125/mo
- Monthly cash flow
- $161/mo
- Cap rate
- 8.1%
- Cash-on-cash
- 7.2%
- Max offer
- $132,500
Offer ≤ $132,500 (2% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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