For saleSingle family
$309,900
316 West St
New Ulm MN 56073
5 beds, 2 baths, 2,810 sqft
316 West St is a 5 beds, 2 baths, 2,810 sqft single family home for sale at $309,900 in New Ulm MN 56073. At 20% down it rents for an estimated $1,225/mo and returns -$987/mo a month at a 2.8% 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
- $1,225/mo
- Monthly cash flow
- -$987/mo
- Cap rate
- 2.8%
- Cash-on-cash
- -19.1%
- Max offer
- $145,500
Offer ≤ $145,500 (53% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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