Pending saleSingle family

$294,900

1290 West Ave

Zumbrota MN 55992

3 beds, 1.5 baths, 1,992 sqft

1290 West Ave is a 3 beds, 1.5 baths, 1,992 sqft single family home pending sale at $294,900 in Zumbrota MN 55992. At 20% down it rents for an estimated $1,075/mo and returns -$1,030/mo a month at a 2.5% 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
$1,075/mo
Monthly cash flow
-$1,030/mo
Cap rate
2.5%
Cash-on-cash
-21.0%
Max offer
$127,500

Offer ≤ $127,500 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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