For saleSingle family
$189,000
518 N Otter Ave
Parkers Prairie MN 56361
3 beds, 2 baths, 1,236 sqft
518 N Otter Ave is a 3 beds, 2 baths, 1,236 sqft single family home for sale at $189,000 in Parkers Prairie MN 56361. At 20% down it rents for an estimated $1,750/mo and returns $424/mo a month at a 9.2% 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
- $1,750/mo
- Monthly cash flow
- $424/mo
- Cap rate
- 9.2%
- Cash-on-cash
- 13.5%
- Max offer
- $189,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.