Pending saleSingle family
$195,000
598 Prospect Ave
Windom MN 56101
4 beds, 2 baths, 1,760 sqft
598 Prospect Ave is a 4 beds, 2 baths, 1,760 sqft single family home pending sale at $195,000 in Windom MN 56101. At 20% down it rents for an estimated $950/mo and returns -$442/mo a month at a 3.9% 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
- -$442/mo
- Cap rate
- 3.9%
- Cash-on-cash
- -13.6%
- Max offer
- $112,500
Offer ≤ $112,500 (42% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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