For saleSingle family
$139,000
312 W 2nd St
Blue Earth MN 56013
3 beds, 2 baths, 2,838 sqft
312 W 2nd St is a 3 beds, 2 baths, 2,838 sqft single family home for sale at $139,000 in Blue Earth MN 56013. At 20% down it rents for an estimated $1,000/mo and returns $25/mo a month at a 6.7% 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
- $1,000/mo
- Monthly cash flow
- $25/mo
- Cap rate
- 6.7%
- Cash-on-cash
- 1.1%
- Max offer
- $119,500
Offer ≤ $119,500 (14% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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