For saleSingle family
$309,000
2319 Cottonwood Lake Dr
Windom MN 56101
2 beds, 1 bath, 1,222 sqft
2319 Cottonwood Lake Dr is a 2 beds, 1 bath, 1,222 sqft single family home for sale at $309,000 in Windom MN 56101. At 20% down it rents for an estimated $775/mo and returns -$1,431/mo a month at a 1.1% 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
- $775/mo
- Monthly cash flow
- -$1,431/mo
- Cap rate
- 1.1%
- Cash-on-cash
- -27.8%
- Max offer
- $92,500
Offer ≤ $92,500 (70% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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