For saleSingle family
$125,000
115 Minnesota St
Minnesota City MN 55959
4 beds, 1 bath, 1,673 sqft
115 Minnesota St is a 4 beds, 1 bath, 1,673 sqft single family home for sale at $125,000 in Minnesota City MN 55959. At 20% down it rents for an estimated $1,125/mo and returns $233/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
- $1,125/mo
- Monthly cash flow
- $233/mo
- Cap rate
- 8.9%
- Cash-on-cash
- 11.2%
- Max offer
- $125,000
Works right at asking price for a 1.2 DSCR and 8% cash-on-cash.
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