For saleSingle family

$110,000

218 Grant St S

Lake Benton MN 56149

2 beds, 1 bath, 840 sqft

218 Grant St S is a 2 beds, 1 bath, 840 sqft single family home for sale at $110,000 in Lake Benton MN 56149. At 20% down it rents for an estimated $950/mo and returns $178/mo a month at a 8.5% 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
$950/mo
Monthly cash flow
$178/mo
Cap rate
8.5%
Cash-on-cash
9.7%
Max offer
$110,000

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

Loading listing…

Fetching the market snapshot.