For saleSingle family
$69,900
202 NW Brown St
Verndale MN 56481
2 beds, 1 bath, 920 sqft
202 NW Brown St is a 2 beds, 1 bath, 920 sqft single family home for sale at $69,900 in Verndale MN 56481. At 20% down it rents for an estimated $625/mo and returns $135/mo a month at a 8.8% 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
- $625/mo
- Monthly cash flow
- $135/mo
- Cap rate
- 8.8%
- Cash-on-cash
- 11.6%
- Max offer
- $69,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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