For saleSingle family
$133,000
307 Dove St
Minnesota Lake MN 56068
2 beds, 1.5 baths, 1,536 sqft
307 Dove St is a 2 beds, 1.5 baths, 1,536 sqft single family home for sale at $133,000 in Minnesota Lake MN 56068. At 20% down it rents for an estimated $1,200/mo and returns $267/mo a month at a 8.9% 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
- $1,200/mo
- Monthly cash flow
- $267/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 12.1%
- Max offer
- $133,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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