For saleSingle family
$212,900
1518 Center St
New Ulm MN 56073
5 beds, 2 baths, 2,210 sqft
1518 Center St is a 5 beds, 2 baths, 2,210 sqft single family home for sale at $212,900 in New Ulm MN 56073. At 20% down it rents for an estimated $2,050/mo and returns $557/mo a month at a 9.7% 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
- $2,050/mo
- Monthly cash flow
- $557/mo
- Cap rate
- 9.7%
- Cash-on-cash
- 15.7%
- Max offer
- $212,900
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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