For saleSingle family
$175,000
280 4th St NE
Glenwood MN 56334
3 beds, 1 bath, 1,150 sqft
280 4th St NE is a 3 beds, 1 bath, 1,150 sqft single family home for sale at $175,000 in Glenwood MN 56334. At 20% down it rents for an estimated $1,700/mo and returns $473/mo a month at a 9.8% 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
- $1,700/mo
- Monthly cash flow
- $473/mo
- Cap rate
- 9.8%
- Cash-on-cash
- 16.2%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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