For saleSingle family
$109,999
606 S Miller Ave
Litchfield MN 55355
3 beds, 1 bath, 1,160 sqft
606 S Miller Ave is a 3 beds, 1 bath, 1,160 sqft single family home for sale at $109,999 in Litchfield MN 55355. At 20% down it rents for an estimated $1,900/mo and returns $1,115/mo a month at a 18.8% 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
- $1,900/mo
- Monthly cash flow
- $1,115/mo
- Cap rate
- 18.8%
- Cash-on-cash
- 60.8%
- Max offer
- $109,999
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading