For saleCondo
$262,500
417 2nd St NW
Dilworth MN 56529
2 beds, 1.5 baths, 1,296 sqft
417 2nd St NW is a 2 beds, 1.5 baths, 1,296 sqft condo home for sale at $262,500 in Dilworth MN 56529. At 20% down it rents for an estimated $875/mo and returns -$1,079/mo a month at a 1.7% 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
- $875/mo
- Monthly cash flow
- -$1,079/mo
- Cap rate
- 1.7%
- Cash-on-cash
- -24.7%
- Max offer
- $85,000
Offer ≤ $85,000 (68% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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