For saleSingle family

$129,900

1006 27th St

Scanlon MN 55720

3 beds, 1 bath, 914 sqft

1006 27th St is a 3 beds, 1 bath, 914 sqft single family home for sale at $129,900 in Scanlon MN 55720. At 20% down it rents for an estimated $1,950/mo and returns $1,023/mo a month at a 16.1% 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
$1,950/mo
Monthly cash flow
$1,023/mo
Cap rate
16.1%
Cash-on-cash
47.2%
Max offer
$129,900

Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.

Loading