For saleSingle family
$449,000
21367 586th Ave
Litchfield MN 55355
4 beds, 3 baths, 3,205 sqft
21367 586th Ave is a 4 beds, 3 baths, 3,205 sqft single family home for sale at $449,000 in Litchfield MN 55355. At 20% down it rents for an estimated $2,125/mo and returns -$1,080/mo a month at a 3.8% 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
- $2,125/mo
- Monthly cash flow
- -$1,080/mo
- Cap rate
- 3.8%
- Cash-on-cash
- -14.4%
- Max offer
- $252,000
Offer ≤ $252,000 (44% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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