For saleSingle family
$230,000
20 2nd Ave SE
Saint Joseph MN 56374
3 beds, 1 bath, 1,534 sqft
20 2nd Ave SE is a 3 beds, 1 bath, 1,534 sqft single family home for sale at $230,000 in Saint Joseph MN 56374. At 20% down it rents for an estimated $1,950/mo and returns $308/mo a month at a 8.3% 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
- $1,950/mo
- Monthly cash flow
- $308/mo
- Cap rate
- 8.3%
- Cash-on-cash
- 8.0%
- Max offer
- $230,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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