For saleSingle family
$129,900
613 S Grant St
Houston MN 55943
2 beds, 1 bath, 622 sqft
613 S Grant St is a 2 beds, 1 bath, 622 sqft single family home for sale at $129,900 in Houston MN 55943. At 20% down it rents for an estimated $950/mo and returns $39/mo a month at a 6.9% 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
- $950/mo
- Monthly cash flow
- $39/mo
- Cap rate
- 6.9%
- Cash-on-cash
- 1.8%
- Max offer
- $113,500
Offer ≤ $113,500 (13% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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