Pending saleSingle family

$384,900

1102 6th Ave NE

Dilworth MN 56529

3 beds, 3 baths, 2,270 sqft

1102 6th Ave NE is a 3 beds, 3 baths, 2,270 sqft single family home pending sale at $384,900 in Dilworth MN 56529. At 20% down it rents for an estimated $2,025/mo and returns -$723/mo a month at a 4.4% 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
$2,025/mo
Monthly cash flow
-$723/mo
Cap rate
4.4%
Cash-on-cash
-11.3%
Max offer
$239,500

Offer ≤ $239,500 (38% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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