For saleSingle family
$254,900
1327 S German St
New Ulm MN 56073
4 beds, 2 baths, 2,288 sqft
1327 S German St is a 4 beds, 2 baths, 2,288 sqft single family home for sale at $254,900 in New Ulm MN 56073. At 20% down it rents for an estimated $1,600/mo and returns -$220/mo a month at a 5.6% 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
- $1,600/mo
- Monthly cash flow
- -$220/mo
- Cap rate
- 5.6%
- Cash-on-cash
- -5.2%
- Max offer
- $189,000
Offer ≤ $189,000 (26% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading