For saleSingle family
$139,900
716 Lyndale Ave
Morris MN 56267
2 beds, 2 baths, 1,100 sqft
716 Lyndale Ave is a 2 beds, 2 baths, 1,100 sqft single family home for sale at $139,900 in Morris MN 56267. At 20% down it rents for an estimated $1,125/mo and returns $126/mo a month at a 7.7% 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
- $1,125/mo
- Monthly cash flow
- $126/mo
- Cap rate
- 7.7%
- Cash-on-cash
- 5.4%
- Max offer
- $132,500
Offer ≤ $132,500 (5% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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