For saleSingle family
$109,000
218 E 2nd St
Blue Earth MN 56013
2 beds, 1 bath, 1,120 sqft
218 E 2nd St is a 2 beds, 1 bath, 1,120 sqft single family home for sale at $109,000 in Blue Earth MN 56013. At 20% down it rents for an estimated $900/mo and returns $136/mo a month at a 8.0% 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
- $900/mo
- Monthly cash flow
- $136/mo
- Cap rate
- 8.0%
- Cash-on-cash
- 7.5%
- Max offer
- $107,500
Offer ≤ $107,500 (1% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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