For saleSingle family
$183,500
613 E Elm Ave
Olivia MN 56277
3 beds, 2 baths, 1,844 sqft
613 E Elm Ave is a 3 beds, 2 baths, 1,844 sqft single family home for sale at $183,500 in Olivia MN 56277. At 20% down it rents for an estimated $1,675/mo and returns $388/mo a month at a 9.1% 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
- $1,675/mo
- Monthly cash flow
- $388/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.7%
- Max offer
- $183,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
Loading listing…
Fetching the market snapshot.