For saleSingle family

$124,000

2742 Pine Ave

Slayton MN 56172

3 beds, 1 bath, 1,216 sqft

2742 Pine Ave is a 3 beds, 1 bath, 1,216 sqft single family home for sale at $124,000 in Slayton MN 56172. At 20% down it rents for an estimated $1,675/mo and returns $805/mo a month at a 14.3% 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
$1,675/mo
Monthly cash flow
$805/mo
Cap rate
14.3%
Cash-on-cash
39.0%
Max offer
$124,000

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

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