For saleSingle family
$175,000
124 Arnold St
West Concord MN 55985
4 beds, 1.5 baths, 1,345 sqft
124 Arnold St is a 4 beds, 1.5 baths, 1,345 sqft single family home for sale at $175,000 in West Concord MN 55985. At 20% down it rents for an estimated $1,500/mo and returns $273/mo a month at a 8.4% 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
- $1,500/mo
- Monthly cash flow
- $273/mo
- Cap rate
- 8.4%
- Cash-on-cash
- 9.3%
- Max offer
- $175,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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