For saleSingle family
$237,500
1314 E Minnesota St
Saint Joseph MN 56374
4 beds, 1.5 baths, 1,630 sqft
1314 E Minnesota St is a 4 beds, 1.5 baths, 1,630 sqft single family home for sale at $237,500 in Saint Joseph MN 56374. At 20% down it rents for an estimated $2,200/mo and returns $505/mo a month at a 9.2% 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
- $2,200/mo
- Monthly cash flow
- $505/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 12.7%
- Max offer
- $237,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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