For saleSingle family
$58,500
414 N Broadway St
New Ulm MN 56073
2 beds, 1.5 baths, 1,617 sqft
414 N Broadway St is a 2 beds, 1.5 baths, 1,617 sqft single family home for sale at $58,500 in New Ulm MN 56073. At 20% down it rents for an estimated $1,325/mo and returns $915/mo a month at a 25.3% 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
- $1,325/mo
- Monthly cash flow
- $915/mo
- Cap rate
- 25.3%
- Cash-on-cash
- 93.8%
- Max offer
- $58,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.