Pending saleSingle family
$279,900
217 London Rd
Marshall MN 56258
2 beds, 1 bath, 1,040 sqft
217 London Rd is a 2 beds, 1 bath, 1,040 sqft single family home pending sale at $279,900 in Marshall MN 56258. At 20% down it rents for an estimated $950/mo and returns -$1,048/mo a month at a 2.2% 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
- $950/mo
- Monthly cash flow
- -$1,048/mo
- Cap rate
- 2.2%
- Cash-on-cash
- -22.5%
- Max offer
- $113,000
Offer ≤ $113,000 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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