For saleSingle family
$259,900
1009 S Jefferson St
New Ulm MN 56073
4 beds, 2 baths, 1,320 sqft
1009 S Jefferson St is a 4 beds, 2 baths, 1,320 sqft single family home for sale at $259,900 in New Ulm MN 56073. At 20% down it rents for an estimated $1,150/mo and returns -$705/mo a month at a 3.4% 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
- $1,150/mo
- Monthly cash flow
- -$705/mo
- Cap rate
- 3.4%
- Cash-on-cash
- -16.3%
- Max offer
- $136,500
Offer ≤ $136,500 (47% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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