For saleSingle family

$215,000

1153 5th Ave

Windom MN 56101

2 beds, 2 baths, 1,490 sqft

1153 5th Ave is a 2 beds, 2 baths, 1,490 sqft single family home for sale at $215,000 in Windom MN 56101. At 20% down it rents for an estimated $775/mo and returns -$760/mo a month at a 2.4% 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
-$760/mo
Cap rate
2.4%
Cash-on-cash
-21.2%
Max offer
$92,000

Offer ≤ $92,000 (57% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.

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