For saleSingle family

$179,900

122 W Minnesota St

Saint Joseph MN 56374

3 beds, 1 bath, 1,698 sqft

122 W Minnesota St is a 3 beds, 1 bath, 1,698 sqft single family home for sale at $179,900 in Saint Joseph MN 56374. At 20% down it rents for an estimated $1,450/mo and returns $188/mo a month at a 7.8% 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
$1,450/mo
Monthly cash flow
$188/mo
Cap rate
7.8%
Cash-on-cash
6.3%
Max offer
$173,500

Offer ≤ $173,500 (4% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading listing…

Fetching the market snapshot.