For saleSingle family

$195,000

17 2nd St NE

Kasson MN 55944

2 beds, 1 bath, 940 sqft

17 2nd St NE is a 2 beds, 1 bath, 940 sqft single family home for sale at $195,000 in Kasson MN 55944. At 20% down it rents for an estimated $1,700/mo and returns $332/mo a month at a 8.6% 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
$1,700/mo
Monthly cash flow
$332/mo
Cap rate
8.6%
Cash-on-cash
10.2%
Max offer
$195,000

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

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