For saleSingle family
$475,000
1017 Provence Ln
Belle Plaine MN 56011
4 beds, 2.5 baths, 2,845 sqft
1017 Provence Ln is a 4 beds, 2.5 baths, 2,845 sqft single family home for sale at $475,000 in Belle Plaine MN 56011. At 20% down it rents for an estimated $1,600/mo and returns -$1,791/mo a month at a 2.1% 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
- $1,600/mo
- Monthly cash flow
- -$1,791/mo
- Cap rate
- 2.1%
- Cash-on-cash
- -22.6%
- Max offer
- $190,500
Offer ≤ $190,500 (60% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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