For saleSingle family

$250,000

410 13th St N

Benson MN 56215

5 beds, 2 baths, 2,303 sqft

410 13th St N is a 5 beds, 2 baths, 2,303 sqft single family home for sale at $250,000 in Benson MN 56215. At 20% down it rents for an estimated $1,550/mo and returns -$235/mo a month at a 5.5% 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
$1,550/mo
Monthly cash flow
-$235/mo
Cap rate
5.5%
Cash-on-cash
-5.6%
Max offer
$183,000

Offer ≤ $183,000 (27% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

Loading