For saleSingle family
$76,500
307 N Farwell St
Verndale MN 56481
3 beds, 1 bath, 1,632 sqft
307 N Farwell St is a 3 beds, 1 bath, 1,632 sqft single family home for sale at $76,500 in Verndale MN 56481. At 20% down it rents for an estimated $700/mo and returns $163/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
- $700/mo
- Monthly cash flow
- $163/mo
- Cap rate
- 9.1%
- Cash-on-cash
- 12.8%
- Max offer
- $76,500
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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