For saleTownhouse
$217,000
114 Iverson St W
Saint Joseph MN 56374
3 beds, 2 baths, 1,688 sqft
114 Iverson St W is a 3 beds, 2 baths, 1,688 sqft townhouse home for sale at $217,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,400/mo and returns $800/mo a month at a 11.1% 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
- $2,400/mo
- Monthly cash flow
- $800/mo
- Cap rate
- 11.1%
- Cash-on-cash
- 22.1%
- Max offer
- $217,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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