For saleSingle family
$82,000
1653 Langley Ave
Windom MN 56101
2 beds, 2 baths, 1,255 sqft
1653 Langley Ave is a 2 beds, 2 baths, 1,255 sqft single family home for sale at $82,000 in Windom MN 56101. At 20% down it rents for an estimated $775/mo and returns $190/mo a month at a 9.4% 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
- $775/mo
- Monthly cash flow
- $190/mo
- Cap rate
- 9.4%
- Cash-on-cash
- 13.9%
- Max offer
- $82,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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