For saleSingle family
$175,000
904 N German St
New Ulm MN 56073
2 beds, 2 baths, 2,400 sqft
904 N German St is a 2 beds, 2 baths, 2,400 sqft single family home for sale at $175,000 in New Ulm MN 56073. At 20% down it rents for an estimated $1,300/mo and returns $73/mo a month at a 7.0% 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
- $1,300/mo
- Monthly cash flow
- $73/mo
- Cap rate
- 7.0%
- Cash-on-cash
- 2.5%
- Max offer
- $155,500
Offer ≤ $155,500 (11% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.