For saleSingle family

$139,000

505 S 7th St

Olivia MN 56277

3 beds, 1 bath, 1,176 sqft

505 S 7th St is a 3 beds, 1 bath, 1,176 sqft single family home for sale at $139,000 in Olivia MN 56277. At 20% down it rents for an estimated $1,675/mo and returns $700/mo a month at a 12.6% 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
$700/mo
Cap rate
12.6%
Cash-on-cash
30.2%
Max offer
$139,000

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

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